Fed will not help USD. Forecast as of 04.12.2023

USD bulls were seriously counting on Jerome Powell's speech, which was supposed to cool buyers in the US stock market and weaken global risk appetite. However, this did not happen. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

Jerome Powell could not say anything in response to Christopher Waller, who was talking about monetary expansion. Statements by the Fed Chairman that the federal funds rate will limit economic growth and that it is too early to talk about easing monetary policy did not impress investors. US stock indices rose, allowing EURUSD to… Read full author’s opinion and review in blog of #LiteFinance