Euro has no good solutions. Forecast as of 24.01.2024

The PMI data could convince investors that the euro area economy is in a recession. This circumstance forces the ECB to start monetary easing earlier than the Fed. Let us discuss the Forex outlook and make up a trading plan.

Weekly Euro fundamental forecast

Markets move on expectations. Concerns about weak euro-area PMI data and expectations that the ECB will take the first step towards monetary expansion earlier than the Fed have dropped EURUSD to the lowest levels since mid-December. The pair is going down even against the backdrop of the S&P 500 breaking through all-time highs for the third… Read full author’s opinion and review in blog of #LiteFinance