Euro is to repeat mistake of others? Forecast as of 31.07.2023

A slowdown in the euro-area inflation could discourage the EURUSD bulls. Not so long ago, similar processes collapsed the US dollar and the British pound. Why shouldn't history repeat itself? Let us discuss the Forex outlook and make up a trading plan.

Fundamental Euro forecast today 

The slowdown in the US index of personal consumption expenditures to 3%, the announcement of Christine Lagarde on encouraging data on the euro area economy, and the revision of investors' views on the impact of the MoJ monetary normalization on financial markets encouraged the EURUSD bulls to go ahead. If the rally in bond… Read full author’s opinion and review in blog of #LiteFinance