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 price, stop loss, and take profit targets.
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 price, stop loss, and take profit targets.
Kayan Kalipha
