Euro: hard case. Forecast as of 19.07.2023

It is difficult to count on a continuation of the strong EURUSD rally if the US economy is stable and the federal funds rate remains unchanged for a long time. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

Euro will grow, but in July EURUSD bulls overdid it. Investors are talking about this more and more. HSBC analysts believe that signs of further improvement in the economic growth and inflation ratio will contribute to the USD weakening. Morgan Stanley switches from greenback purchases to a neutral position due to the excessive share of the US currency… Read full author’s opinion and review in blog of #LiteFinance