Euro needs an operation. Forecast as of 08.12.2020

The EURUSD will go down only if the European Central Bank takes radical measures. Neither QE boost nor the verbal interventions can discourage the euro bulls. Let us discuss the Forex prospects and make up a trading plan.

Weekly euro fundamental forecast

A puzzle: which economy is turning down and the financial markets are rising? At first, it seems to be the USA, where the employment rate has been shrinking for the seventh consecutive months. It means the US GDP growth is slowing down, and the stock indexes are hitting all-time highs. However, the right answer is the euro area. The… Read full author’s opinion and review in blog of #LiteForex