Dollar should build a hedge. Forecast as of 27.11.2020

The greenback could further weaken if foreign investors hedge against currency risks of the investments into the US securities. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Quarterly US dollar fundamental forecast

On Thanksgiving day, when the US securities markets do not work, it is time to take a break and think about the future trading plan. The fundamental analysis theory reads that the exchange rate of a currency is determined by investment and trading capital flows, influenced by interest rates, economic growth, inflation, and other factors. With this regard, the growing USD shorts look… Read full author’s opinion and review in blog of #LiteForex