Dollar drags on euro. Forecast as of 25.03.2021
Based on different vaccination rates and the growth gap, the EURUSD bulls should be losing. However, the strong US economy could drag on the rest of the world, including the euro-area. Let us discuss the Forex outlook and make up a trading plan.
Weekly US dollar fundamental forecast
Investors were focused on the Treasury yield rally, ignoring the US weak domestic data. The drop in the durable goods orders by 1.1% M-o-M in February, following nine months of growth, added to the negative produced by declines in retail sales, industrial production, and new home sales. Nonetheless, traders were selling Treasuries,... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/cn0E
