Forex Forecast and Cryptocurrency Forecast for June 29 – July 03, 2020
<p>First, a review of last week’s events: – EUR/USD . COVID-19 continues its second attack on the United States. A new spike in incidence is observed in at least seven states. And in the three most populous states, the number of infected people continues to grow at a record pace, with a spike in deaths due in about two weeks. Authorities in Houston (Texas) announced that intensive care units in hospitals are nearly overcrowded. It is clear that this new outbreak is related to the lifting of the quarantine at the end of May. And no matter how much the White House and the governors would not like to return to strict quarantine again, it is possible that they still have to do this. Against this background, risk sentiment began to weaken, the stock market and government bond yields went down, and the dollar, now entrenched in the status of the main protective currency, on the contrary, went up. Investors believe in the dollar largely thanks to the policy of President Trump, who, for the sake</p>
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