So in the short term, we could see strength in the dollar and weakness in foreign currencies, but the way economies work is like the immune system of the human body, anything you start eating today to become healthy will only take effect 3 months later.
Much like what has recently occurred with the coronavirus we will only see the true effects starting this coming month.
Today our focus is on the Euro and the Dollar as we will have two high impact economic events taking place, and we are expecting high unemployment numbers coming into the US this week.
Our target is 1.0800
Our target is 1.2320
Our target is 1.4285
Our target is 1640.00