Euro takes the initiative

in #euro • 4 years ago

Fundamental Euro forecast today
Germany is more likely to have a V-shaped rebound than other world’s economies
Hope is the last thing to die. The epidemiological situation is deteriorating in the USA, and there are concerns about another lockdown and a W-shaped recovery of the U.S. economy. Nevertheless, investors still hope that the epic rally of the S&P 500, which occurred in the second quarter, will resume in the third quarter. The matter is not only in the COVID-19 and speed of the GDP recovery trend but also in the huge amounts of money held by the U.S. stocks bulls. Although the FOMC tone is cautious, nobody is willing to go against the Fed.
Dynamics of COVID-19 daily new cases

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For more information follow the link to the website of the LiteForex
https://www.liteforex.com/blog/analysts-opinions/euro-takes-the-initiative/?uid=285861726&cid=58534

4 years ago in #euro by
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