Fundamental U.S. dollar forecast for today

Fundamental U.S. dollar forecast for today 

The major currency pair is about to start consolidation

Over the past four months, investors have been selling off the dollar, which seemed to have lost its profitability, against the world major currencies. The speculative net dollar shorts have reached the highest levels, and hedge funds have opened euro long positions the first time over the past two years. The market is confident that the EUR/USD will be trading at 1.2 sooner or later. What if it is wrong? The dollar may still gain its strength back. 

As the greenback shorts are close to the highest…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>