Without support from the fiscal stimulus and the Fed’s monetary restriction, the greenback will fail to repeat the achievements of 2018
26 out of 62 experts surveyed by Reuters believe that the major drier changing the rate of the US dollar is trade wars; the same number of experts suggest that it is the US domestic data; 7 analysts say the major factor is macro-statistics and 3 economists point to other reasons. I agree with the majority. Mixed data on the US employment and PMI, as well as an unexpected change in Donald Trump’s tone, made the EUR/USD ride a roller-coaster.
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