Euro got a blank check. Forecast 11.12.2020

The ECB couldn’t discourage the EURUSD bulls. The euro rolled up to the highest levels since the spring of 2018 and is about to continue the rally. Let us discuss the Forex outlook and make up a trading plan.

Monthly euro fundamental forecast

Compromise is not always the best way to solve a problem. Unlike Mario Draghi, who suppressed the Governing Council’s hawks with his authority, told the market what he considered necessary, and thus manipulated the euro as he wanted, Christine Lagarde prefers to convey to investors the collective position of the ECB. She said the Pandemic Emergency Purchase Programme (PEPP) might not… Read full author’s opinion and review in blog of #LiteForex