USD overindulges market. Forecast as of 19.12.2023

The Fed has given license to ease financial conditions, which could ultimately end badly for it. However, while US stock indices are growing, even the euro is feeling confident. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

After forecasting three federal funds rate cuts in 2024, the Fed allowed investors to increase their estimates to six. The US central bank also granted a license to ease financial conditions, which could end very badly for it and ultimately return interest in the US dollar. However, for now, EURUSD feels confident.

Dynamics of market… Read full author’s opinion and review in blog of #LiteFinance