Forecast for EUR/USD: Dollar breaks the mould

Fundamental forecast for dollar for today

Every recession has its own trick

Crises are the moments of breaking memory patterns. The current economic recession provoked by the pandemic is no exception. Take the Dollar smile theory, for example. According to it, the greenback grows on a bigger demand for safe haven assets, falls on the Fed’s large monetary stimuli and rises again on expectations of the US GDP’s better performance versus its peers. July may become the worst month for the USD index in the past decade, even more so because something went wrong at the last stage. The mould…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>