USD should act more rationally. Forecast as of 20.11.2023

The EURUSD rally is going too fast as the market keeps pushing back the Fed's dovish reversal dates. Isn't it overreacting? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

Why is the US dollar falling so quickly? There are three main reasons. Firstly, after the release of inflation data for October, markets lost faith in increasing the federal funds rate and expect it to be reduced in 2023. Secondly, the economy is cooling, which deprives the greenback of such an advantage as American exceptionalism. Finally, the stock market rally indicates an improvement in global… Read full author’s opinion and review in blog of #LiteFinance