Forex and Cryptocurrency Forecast for July 20 – 24, 2020

<p>First, a review of last week’s events: – EUR/USD . Relations between Beijing and Washington continue to heat up, the onslaught on coronavirus goes with great difficulty. 1.3 million people applied for primary unemployment benefits last week in the United States. For more than 17.3 million it was not the first time that they received them, which is 10 times higher than the pre-crisis norm. But at the same time, the risk appetite of investors does not fade away, the stock markets continue to grow. The S&amp;P500 index has been climbing since March 23 and is already approaching February highs. The Nasdaq 100 has broken all records, jumping over the 10,650 mark. Some analysts attribute this to low expectations of a post-crisis economic recovery. Investors had expected to see a complete disaster, but everything turned out to be not so bad, and 80% of the companies that reported showed very optimistic results, fueling the craving for risky assets. Amid the growth of the stock market, the US</p>

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