Dollar is cautious. Forecast as of 17.01.2024

Markets must revise their forecasts for the federal funds rate based on Christopher Waller’s speech. The Fed member says the interest-rate cuts shouldn’t be rushed, and the EURUSD is falling. Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Haste makes waste. Even though US inflation is a striking distance from the Fed's target, that target cannot be achieved just for a moment. Christopher Waller came to this conclusion. The FOMC official sees no reason to move quickly and cut rates as quickly as in previous cycles of monetary expansion since economic… Read full author’s opinion and review in blog of #LiteFinance