USD reached maximum. Forecast as of 02.11.2023

If the market returns to old conditions, expect a trend reversal. Investors are once again speculating about a Fed dovish reversal, just like they did at the end of July. What does this mean for EURUSD? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

When do trends break? At the end of July, before the FOMC meeting, the market turned its back on the US dollar. Investors believed that an increase in the federal funds rate to 5.5% would be the last. If the Fed's monetary tightening cycle is complete, a dovish reversal should… Read full author’s opinion and review in blog of #LiteFinance