EUR/USD bulls were full of optimism in spring 2018 and in early 2019, but everything has changed
History repeats itself. Investors remember the past. Especially the recent past. In May 2018, the euro was trading above $1.2. However, there started a wide divergence in the trends of the S&P 500 and Shanghai Composite. It indicated the problems of the Chinese economy and the strength of the U.S. Trumps could afford the policy of power in relationships with China, and that resulted in the dollar revaluing. In November 2019, the trends of the U.S. and the Chinese stock indexes are diverging…
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