Are all the troubles of the single European currency over?
Hardly had the EUR/USD surged up to the zone of seven-week high and met the target at $1.117 indicated in one of my previous posts when the number of bullish forecasts increased. According to Scotiabank, the US dollar should be weakening till at least the start of 2020, as potential progress in the US-China trade relations and positive changes in the Brexit negotiations press down the demand for safe-havens. The greenback has the status of a safe haven, and the escalation of trade wars resulted in an increase in Treasury purchases by…
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