Euro: in great shape. Forecast as of 25.04.2023
Market sentiment changes often, but this does not prevent EURUSD from growing. Investors are discussing the possibility of raising the deposit rate by 50 bps in May and further increasing it to 4%. Let's discuss this topic and make up a trading plan.
Weekly Euro fundamental forecast
Divergence in monetary policy in action! It would seem that the euro has no new growth drivers, and the strength of the US economy is underestimated, which slowed down the EURUSD rally. However, the main currency pair grew after ECB officials began discussing higher rates than the market expected, and First Republic reports reminded of... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3oHOG0F
