Euro suffers losses. Forecast as of 04.02.2021

The slower the vaccination campaign progresses, the more likely are the lockdowns to continue and the recession to start in the euro-area. Besides, the Eurosceptics use the authorities’ failures for their purposes, which presses down the EURUSD. Let us discuss the Forex outlook and make up a trading plan.

Weekly euro fundamental forecast

Donald Trump lost the presidential election due to the pandemic. At first, the White House did not recognize the threat and then very slowly closed the economy for a lockdown. In the first wave of COVID-19, the EU acted much more efficiently, laying the foundation for the… Read full author’s opinion and review in blog of #LiteForex

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