Double blow for the euro. Forecast as of 10.06.2024

1 min read

Misfortune never comes alone. A surprisingly strong US jobs report was the beginning of the end for the EURUSD. Calling a snap election in France added fuel to the fire. Let’s discuss that and make a trading plan.

Weekly fundamental forecast for euro

It all started with the economy, but ultimately, politics destroyed the euro. May’s unexpectedly strong US labor market report was a real bolt from the blue for the EURUSD. The rise in employment by 272 thousand, the unemployment remaining at 4% or below for 30 months in a row, and the reluctance of wages to slow down… Read full author’s opinion and review in blog of #LiteFinance

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