USD to suffer greatest losses. Forecast as of 16.11.2023

Financial markets are ready to switch from monetary restrictions to expansion, but central banks stubbornly refuse to agree with them. What does this mean for EURUSD? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

Following the US dollar, other currencies should also feel the painful effect of rate cuts by their issuing central banks. The fall in UK inflation below 5% forced the derivatives market to shift the date of BoE's expected start of monetary expansion from July to June, which weakened the pound and put pressure on EURUSD. Central banks tend to follow… Read full author’s opinion and review in blog of #LiteFinance