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Back Fundamental analysis
EUR/USD Overview. Weekly Preview: The Dollar Still Has No Chance
The EUR/USD currency pair exhibited signs
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The EUR/USD currency pair exhibited signs last week that it is ready to resume its upward trend. Reasons for the rise of the euro and the fall of the dollar are not necessary. However, they do exist. Let's begin by noting that the market continues to ignore the macroeconomic and fundamental backdrop. The pinnacle of this disregard was the Friday Nonfarm Payrolls report, which, for once, showed a value above forecasts, but the US dollar did not appreciate at all.
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Paolo Greco,
Analytical expert of InstaForex
© 2007-2026
Summary
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Stanislav Polyanskiy
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