Euro took the bait. Forecast as of 28.06.2023

According to Christine Lagarde, the ECB interest rate won’t reach its ceiling in the near future. The EURUSD bulls are going ahead. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly Euro fundamental forecast

The euro-area economy is weak, but not weak enough to slow down inflation. This is how ECB officials try to explain the persistence of high prices in Europe. However, the US economy is strong, but inflation there is still slowing down. Perhaps the point is not in their strength or weakness but in the efficiency of the central banks. Whatever it… Read full author’s opinion and review in blog of #LiteFinance