Euro Remains in Play. Forecast as of 09.07.2024

1 min read

France has avoided the worst, and this circumstance supports the EURUSD bulls. However, something can go wrong at any moment. The market is waiting for Jerome Powell’s speech and inflation in the US. Let’s discuss this and make a trading plan.

Highlights and key points

Emmanuel Macron may win.
A centrist government will please the markets.
Investors are waiting for clues on a rate cut from the Fed.
Uncertainty is high, forcing the EURUSD to consolidate.

Weekly fundamental forecast for euro

Emmanuel Macron, a political gambler, has been allowed to continue playing. After the Renaissance has come the second, the announcement of… Read full author’s opinion and review in blog of #LiteFinance

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