Dollar was given an ultimatum

Unless the USD index continues falling, the Fed will act more aggressively and the US economy’s losses will increase

The euro has naturally risen as the S&P 500 is about to perform the bets weekly growth since 1974, the euro-area finance ministers finally reached an agreement on the collective assistance program, and the minutes of the March meetings of the governing council indicated divisions among the ECB members. The EUR/USD has soared to an important resistance at 1.0965. Once it is broken out upside, the bulls will continue drawing the price higher.

Following the two-day meeting, the EU finance ministers…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>