Euro can’t stabilize. Forecast as of 02.04.2024

The EURUSD bears are going ahead. This time, the reason to sell has been the ISM PMI report. And that is only the beginning. Weekly Euro fundamental forecastWhen even weak sectors of the US economy show positive signs, the US dollar sellers have to step back. The first expansion of the US manufacturing PMI reported by the ISM since September 2022 triggered the fastest jumps in Treasury yields and falls in stock indices. The favorable background encouraged the EURUSD bears to drive the price