We have unemployment claims, consumer price index ¨claims¨ the coming week and we saw a pretty big wave of virus cases in countries like spain this weekend. Therefore we could see a recovery of price this week as europe suffer and stock market will be down. A factor to why it should keep getting more expensive tough is all the ¨helicopter money¨ stimulating the economy. ¨DailyFX¨ claims eur/usd to be bullish, so personally i don't know what to think. Lets just see how it plays out and have a close look into what happens. We could get a fair price the coming weeks in eur, but it depends 100% on what happens in the world and economy. What we also know is that the world economy is going to suffer quite a time after this virus has played out as well, so I guess its hard to predict how investors will react. Sit tight y'all
(this is my fundamental analysis and everyone should make their own before ¨trusting¨ mine and anyone else's)
(this is not a recommendation)
(I have a history of being wrong)
(this is my fundamental analysis and everyone should make their own before ¨trusting¨ mine and anyone else's)
(this is not a recommendation)
(I have a history of being wrong)