Euro: life goes on. Forecast as of 25.10.2023

The EURUSD correction was driven by investor concerns about financial instability and a future recession in the US. However, the eurozone situation is already worsening, so the correction seemed illogical. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

No matter how unstable the prospects for the US economy may look due to the fastest rally in Treasury yields in decades, no matter how financial instability scares investors, life goes on. Now, divergences in economic growth and monetary policy are driving markets. In conditions where the eurozone PMI has fallen to its lowest levels since the pandemic,… Read full author’s opinion and review in blog of #LiteFinance