Euro is enamoured with Santa Claus Rally. Forecast of 23.12.2021
An increase in global risk appetite is bad news for safe-havens, such as the US dollar. The dollar weakens amid the US stock market rally ahead of Christmas. Let us discuss the Forex outlook and make up a EURUSD trading plan.
Weekly euro fundamental forecast
Any rally, including the Santa Claus rally, needs a reason. Strong US domestic data and good news about the omicron form from South Africa and UK supported the growth in US stock indexes. An increase in global risk appetite presses down safe0havens, weakening the US dollar against a basket of major currencies. However, the drivers... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/jtUfX
