Will USD remain stable? Forecast as of 15.12.2023

The reluctance of the European Central Bank to follow the Fed resulted in the continuation of the EURUSD rally. The pair has already reached the psychologically important level of 1.1 and is not going to stop. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

It wasn't just the markets that were surprised by the Fed's dovish reversal. According to the Financial Times insider, Jerome Powell’s speech following the December FOMC meeting took the ECB Governing Council by surprise. As a result, the European Central Bank decided to follow the initially developed strategy. However, it… Read full author’s opinion and review in blog of #LiteFinance