It is clear that the global economy is interconnected. Therefore, if the leading economy slows down, it will have a knock-on effect on the world economy. This is particularly relevant given the current crises in Germany and China. Let us discuss these issues and make a trading plan for the EURUSD pair.
Highlights and key points
The slowdown in the US economy will affect global GDP.
Procyclical currencies see waning optimism.
Germany and China are causing concern.
If the EURUSD pair declines below 1.1115, the risks of a pullback will increase.
Weekly fundamental forecast for euro
The US economy is decelerating,… Read full author’s opinion and review in blog of #LiteFinance
+ There are no comments
Add yours