EURUSD bears continue to bet on widening divergence between US and eurozone economic growth and the expanding Fed–ECB rate spread, which will likely push the euro to 0.97 against the greenback. What factors could prevent this outcome? Let's discuss this topic and make a trading plan. Major Takeaways A 25 bps increase in the Fed/ECB rate spread in 2024 has dragged the EURUSD pair down by 5.7%. An increase in the differential by another 100 bps may send the quotes to 0.97. The dollar may encounter pitfalls along the way. The euro's pullback to 1.0455 allowed traders to open more short... Read full author’s opinion and review in blog of #LiteFinance