Dollar divides and rules

A lack of consensus on funding the financial aid programs in the euro area weighs on the EUR/USD 

Danger always looks bigger through the eyes of fear. Many international banks and investment companies see a gloomy long-term outlook for the US dollar because of two reasons. First, the huge fiscal stimulus will widen the budget deficit and the US public debt, which will worsen the financial state and increase the risks of a new crisis. Second, the unprecedented monetary expansion will boost the Fed’s balance sheet, and the excessive money supply usually leads to the money devaluing. However, the real…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>