Examining the Euro to USD chart, it's evident that the price has been on an upward trend since October of the previous year, following an upward channel. Currently, it's advisable to exercise patience and be on the lookout for buying opportunities. Price movements are expected to rebound from demand and decrease around supply points. With important meetings...
In this video, we look at why the EUR/USD exchange rate has been pushing higher since March 2020 when the Federal Reserve cut interest rates in the U.S to 0.00% from 2.50%.
The U.S negative current account balance also makes the dollar structurally weaker as huge fiscal stimulus spending by the U.S Government will further weaken the dollar.
We look at entry...
