Major trends for EUR/USD, gold, oil and USD/JPY in 2020
It is a tradition to discuss the results of the year and make forecasts for the next one in late December. In 2019, investors were focused on trade wars, a downturn in global trade and GDP resulted from trade tensions, and the Fed’s monetary easing as an insurance against a further downturn. In the April-August period, safe havens were dominating the market amid the escalation of the US-China trade conflict. In the September-December period, the income-generating trading instruments are in demand. What will be with the euro, the U.S. dollar,…
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