RSS EURUSD Approaches Parity Level. Forecast as of 06.01.2025

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 RSS EURUSD Approaches Parity Level. Forecast as of 06.01.2025

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The direction of the EURUSD exchange rate has been determined. The only outstanding question is when the major currency pair will reach the parity level and whether it will continue to decline. Let's discuss these topics and make a trading plan. Major Takeaways Soaring demand for safe-haven assets has pushed the euro below 1.03. The ECB acted too slowly in 2024. The US labor market report will determine the Fed's pause duration. Short trades can be opened on the EURUSD pair on a rebound from 1.0335 or 1.0365. Weekly US Dollar Fundamental Forecast The US dollar's strength hurts the euro.... Read full author’s opinion and review in blog of #LiteFinance
 
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