Dollar monitors the Fed’s pulse
By LiteForex - Thu, 12/07/2017 - 08:26
Main currency pair is slowly going down, being closed in the red zone during four trading days in a row. Investors are unwilling to sell euro, perfectly understanding its “bullish” long-term prospects. Unfortunately, nobody knows, how deep EUR/USD correction can be, so may be it’s better to hang on to the temporarily losing currency? It’s like getting rid from old stuff: a thing seems to be useless, but it’s likely to come in handy in future.
In my previous articles I enumerated four drivers of euro strengthening in 2017. It was about decreasing political risks, GDP growth, capital inflow...Read full author’s opinion and review in LiteForex blog #LiteForex https://goo.gl/qapdHb