A strong US dollar is just one reason for the EURUSD downtrend. The EU is about to ban the import of Russian oil, pressing down the euro. Let us discuss the Forex outlook and make up a trading plan.
Weekly euro fundamental forecast
While Forex traders are wondering whether the Fed will be more hawkish than currently assumed or it will signal a pause if the economic data are worse, there has been a historic event in the market. 10-year Treasury yield has been up above 3% for the first time since late 2018. Yields on 20-year securities rose first,… Read full author’s opinion and review in blog of #LiteFinance