EUR/USD forecast: Dollar is grasping at straws

Fundamental US dollar forecast for today

The growth in the number of COVID-19 cases in the USA sets back the EUR/USD uptrend

The EU governments used to be accused of inefficient management, but the pandemic changed everything. The success of European medical services, quick actions to provide monetary and fiscal stimulus, and Germany’s willingness to take responsibility for poorer euro-area states have encouraged the EUR/USD bulls to go ahead. The euro risk reversals are growing as the epidemiological situation in the USA, unlike that in the euro area, is deteriorating, and the local rises of the US dollar are used…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>