Is USD exhausted? Forecast as of 22.08.2023

If the treasury yield rally and the S&P 500 correction come to an end, and the Fed doesn't raise rates, EURUSD's decline will be suspended. What are the prospects for the major currency pair? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

The major currency pair returned above 1.09 on expectations of a strong corporate report from AI-related companies. Their rally has provided US stock indices with decent gains since the beginning of the year and pushed stock prices higher. Bond sell-offs continue, while Treasury yields are hitting multi-year highs.

The debt rate… Read full author’s opinion and review in blog of #LiteFinance