French political drama and widening divergence in US and Eurozone PMIs pushed EURUSD quotes below 1.07. Will the major currency pair hit the bottom? Let’s discuss this topic and make a trading plan.
Weekly fundamental forecast for euro
It is a well-established fact that politics has a profound impact on the economy, particularly through financial markets. This is evident in the rise in borrowing costs, which in turn affects government debt service and slows down GDP. Additionally, politics influences business activity, as expectations of challenging times can depress purchasing managers’ indices. The recent political drama in France, which widened local… Read full author’s opinion and review in blog of #LiteFinance
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