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EUR/USD Overview. December 12. The Market Made the Right Decision: The Dollar Is Falling Again
The EUR/USD currency pair resumed its
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The EUR/USD currency pair resumed its upward movement on Wednesday and Thursday. This marks the market's almost first logical reaction to an important fundamental event in recent months. Remember that on Wednesday evening, the Federal Reserve announced its decision to lower the key interest rate by another 0.25%, which, naturally, was expected to provoke a decline in the US dollar. However, starting from September, the market had been engaged in various activities, excluding a logical response to macroeconomics and fundamentals.
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Paolo Greco,
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