Dollar tries to be the first to wake up. Forecast as of 05.01.2021

The market is gradually waking up after the holidays and remembers about politics and COVID-19. The December euphoria is fading away, and safe havens could rise up amid the change in investors’ sentiment. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Quarterly US dollar fundamental forecast

The EURUSD bulls were trying to push the price up above 1.23 but faced a serious obstacle – a drop in the US stock indexes. In 2020, the USD index was 7% down amid an increase in the global risk appetite, hopes for the global economic recovery, and the… Read full author’s opinion and review in blog of #LiteForex