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Euro trapped by carry traders. Forecast as of 22.12.2021 How | LiteFinance

Euro trapped by carry traders. Forecast as of 22.12.2021

How could the Turkish lira affect the EURUSD rate? Investors are selling funding currencies amid the stabilization of the situation in Turkey, holding back the euro bulls. Let us discuss the Forex outlook and make up a trading plan.

Weekly euro fundamental forecast

Investors are focused on the Santa Claus rally and the lira strengthening ahead of Christmas. The S&P 500 1.8% rally after its worst three-day fall since September has spurred investor interest in US equities. Traders fear to miss out, because the Santa Claus rally, lasting five trading sessions before the New Year and three after it, as... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jt9L7