Euro is looking for a compromise

The European Union needs collective assistance

When there is no agreement, there is no success. The 16-hour video conference of European finance ministers ended with no actual agreement, which didn’t allow the EUR/USD bulls to continue the rally even amid the growth of the US stock indexes. When everyone pulls a blanket over themselves and tries to prove that it was their state that suffered the most from the coronavirus, it’s not easy to count on collective assistance. They have to count on domestic resources, which increases the debt-to-GDP ratio and puts even more pressure on the euro-area economy that…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>