EURUSD speaks straight. Forecast as of 28.05.2024

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The ECB and speculators actively buying the EURUSD understand that the ECB’s earlier monetary expansion will not weaken the euro. Let’s discuss this and make a trading plan.

Weekly fundamental forecast for euro

The EURUSD bears sincerely hoped that the ECB’s earlier start of policy easing compared to the US and its large scale would calm their opponents. However, Philip Lane dotted all the i’s. The ECB’s key economist believes inflation in the eurozone could accelerate only amid a significant weakening of the euro, which will not happen as the divergence in the economic growth of the United States and… Read full author’s opinion and review in blog of #LiteFinance

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