Forex and Cryptocurrency Forecast for April 13 – 17, 2020

<p>First, a review of last week’s events: </p>
<p>- EUR/USD. The Old and the New Worlds continue to compete to see who will pour more money into their economies. But what is the old Europe compared to the United States! On Thursday, April 10, after many days of discussion, the EU Finance Ministers narrowly reached a compromise, concluding a deal on measures to support their countries in the amount of "some" €500 billion. At the same time, the US Federal Reserve announced the launch of another $2.3 trillion support program. At the same time, the Head of the Federal Reserve, Jerome Powell, said that his Department will most likely not stop there and will do everything in order to restore the US economy as quickly as possible after the epidemic.</p>