Euro is up against all odds

EUR/USD is rising despite the difficult epidemiological situation and a deep recession of the euro area economy

While Rome burns, and not only Rome, the U.S. stock are rising against all the odds. Supported by large fiscal and monetary stimuli, the S&P 500 is 20% from the lows recorded in March, followed by the EUR/USD. Since the breakout of the resistance at 1.084 indicated a couple of days ago, the pair has been by 2.5 figures, and that is not the limit! Bulls are full of optimism, hoping that the dollar has lost its benefits as a major safe-haven. Isn’t…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>