USD: wild card. Forecast as of 20.09.2023

The rise in oil prices accelerates inflation and at the same time slows down the economy. Therefore, the approach of Brent to $100 per barrel is not the best news for the Fed. Let's discuss this topic and make up a trading plan for EURUSD.

Daily US dollar fundamental forecast

It is preferable for the Fed to maintain the forecast of an increase in the federal funds rate to 5.75% in 2023 than to demonstrate that the monetary restriction cycle is over. Officials can abandon the idea of its continuation at any time. Another thing is, if you declare victory over inflation,… Read full author’s opinion and review in blog of #LiteFinance