US dollar: fear of inflation. Forecast as of 13.09.2023

The Fed's monetary tightening went according to plan, but further decisions by the central bank still depend on inflation. How will EURUSD react to it? Let's discuss this topic and make up a trading plan.

Daily US dollar fundamental forecast

The market is well prepared for the release of US inflation data. Neither EURUSD, S&P 500 nor Treasuries make sudden movements, understanding how significant the August data is. It is unlikely to change the Fed's decision-making in September, but it could signal hawkish risks for the central bank's future decisions.

Bloomberg experts predict an acceleration of consumer prices from 3.2% to 3.6%… Read full author’s opinion and review in blog of #LiteFinance