Euro looks beyond the shock. Forecast as of 30.11.2020

The divergence in the economic expansion is an important driver of Forex pricing. It seems to be in favor of the USA. Actually, it is not so. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Monthly euro fundamental forecast

A year ago, trade was the source of investors’ concerns, and the strong domestic data were reassuring. Things have changed. Eurozone and the UK have the largest gaps between manufacturing and services PMIs over the last 25 years. The domestic demand is far behind the foreign demand, spurred by China. This is true not only for… Read full author’s opinion and review in blog of #LiteForex