Dollar is under pressure. Forecast as of 02.02.2022

Jerome Powell's hawkish tone at the press conference following the FOMC January meeting should have discouraged the EURUSD bulls. However, the euro buyers do not give in. What's the reason? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

How complex are factors driving financial markets! It would seem that the federal funds rate hike to 1.5% by the end of 2022, provided that the ECB deposit rate continues to be below zero, should encourage the EURUSD bears to go ahead. However, the major currency pair has rebounded up from its 19-month… Read full author’s opinion and review in blog of #LiteForex