
The current winning streak for the EURUSD pair is the longest since 2004, causing concern among ECB officials. They are resorting to verbal interventions. However, the experience of the Bank of Japan suggests that this approach does not guarantee the desired results. Let’s discuss this topic and develop a trading plan. Major Takeaways The ECB wants the euro to stand at 1.17, while a valuation of 1.20 is not regarded favorably. The euro rally is tightening financial conditions in the eurozone. The Fed prefers a flexible approach to monetary policy. Long trades on the EURUSD pair remain relevant with targets… Read full author’s opinion and review in blog of #LiteFinance
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