Ethereum Price Prediction: Expecting Rally Following 3-Wave Pullback
Are you feeling a bit lost when it comes to understanding the latest market movements? Don’t worry, we’ve got you covered! Here’s a quick overview of what’s been happening in the world of trading this week.
The euro has been making a comeback thanks to the gradual approach taken by the European Central Bank. On the other hand, the pound has been struggling due to a surprise contraction in the UK GDP, while the dollar has been going strong.
Over in Europe, major currencies are facing challenges after cuts from the Swiss National Bank and the ECB. And as we look ahead, the SNB and ECB are expected to make further cuts, while the Aussie dollar is rebounding following positive job data.
In other news, the Trump trade is back in action, causing a correction in the dollar and a tumble in commodity currencies. The euro is seeing a sharp decline, with the pound and Swiss franc also feeling the pressure.
Stay tuned for more updates and insights into the fascinating world of trading!
