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Euro rides a roller coaster. Forecast as of 03.07.2023 Clos | LiteFinance

Euro rides a roller coaster. Forecast as of 03.07.2023

Closing of the EURUSD speculative positions at the end of the month and quarter affected the pair trend. Let us discuss the Forex outlook and make up a trading plan.

Weekly Euro fundamental forecast

As the central banks’ monetary policies depend on the incoming data, the EURUSD is jumping up and down following the reports on the US and euro-area inflation. Both fell short of Bloomberg experts' forecasts. As a result, the main currency pair first collapsed to the first of the two targets set in the previous analytics and then soared above 1.09. It's only the beginning!

The euro drop in... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/434F6Dj