Forecast for EUR/USD: whose grave is deeper?

Fundamental forecast for dollar for today

Will euro continue to rally or will EUR/USD consolidate?

The Fed was the main player to fight previous recessions, but now it plays a supporting role. Only the public health sector’s advancement will indicate an economic recovery. No easy money will protect people from COVID-19. At the latest FOMC’s meeting Jerome Powell said that “social distancing measures and a fast reopening of the economy actually go together. They’re not in competition with each other.” The Fed didn’t ask for a new lockdown but admitted that leading indicators started blinking red amid the worsening epidemiological…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>