By RoboForex Analytical Department The major currency pair fell to 1.0789 by Thursday. This is almost a three-month low. Demand for the US currency is fuelled by expectations of an orderly and negative interest rate cut by the US Federal Reserve, as well as strong forecasts for a second Donald Trump presidency. The Euro currency is also weakening under the influence of a decisive rate cut at the European Central Bank. There is a clearly defined trend here, which leaves the EUR exchange rate with no options. This week, Fed monetary policymakers mentioned that it is desirable to avoid excessive …