There is no more room for the dollar to fall

So, the dollar continues to gain ground after Joe Biden signed the $1.9 trillion stimulus bill yesterday.

On the EURUSD chart, the market reaction is clearly visible, and a similar situation can be seen in many pairs with the dollar. Stock markets reacted positively as well, since, according to calculations, about 40% of this money will end up on the stock market.

Moreover, a new package of measures is being prepared to modernize the industrial sector, which also attracted investors to the U.S. dollar. All in all, there is nowhere else to fall.

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