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ECB failed to persuade euro. Forecast as of 29.10.2021 Christ | LiteFinance

ECB failed to persuade euro. Forecast as of 29.10.2021

Christine Lagarde’s dovish tone was not enough to discourage the EURUSD bulls. Will the euro rally continue? Let us discuss the Forex outlook and make up a trading plan.

Weekly euro fundamental forecast

Markets need the attention of central banks. If they don’t get enough attention, they will punish regulators. At one of the first press conferences since taking office as the ECB president, Christine Lagarde said that the European regulator should not be engaged in narrowing spreads in the regional bond market; she was immediately punished and later was forced to make excuses. In late October, Lagarde noted that... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1ALk