Euro: no drastic moves. Forecast as of 27.05.2024

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The ECB will cut the deposit rate in June but then take a pause. The increase to 4% may have been a mistake. It’s time to correct the mistake. Let’s discuss it and make a trading plan for EURUSD.

Weekly fundamental forecast for euro

The global economy’s two paces suggest central-bank monetary policies will also be less synchronized than previously. However, if American GDP continues to slow down and its European counterpart accelerates, the ECB may not make sharp moves after June. Moreover, the German members of the Governing Council, Isabel Schnabel and Joachim Nagel, do not want a second… Read full author’s opinion and review in blog of #LiteFinance

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