Hedge funds gave up on the dollar

Fundamental US dollar forecast for today 

The US jobs report gave a good chance to exit EUR/USD shorts

Crisis results in many paradoxes. In the April-May period, the US domestic data were getting worse, but the US stock indexes were growing. In June, the US Economic Surprise index reached its all-time high, its peer for the world’s largest countries reached the highest level since 2017. However, the number of coronavirus cases in the US and globally continues increasing. The first puzzle has been solved, the stock market usually recovers sooner than the GDP. The second one is yet to be…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>