Is USD a commodity currency now? Forecast as of 16.10.2023

In recent years, as the United States has transformed from a net importer of energy goods to a net exporter, the USD index and oil correlation has increased sharply. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

The armed conflict in the Middle East has sharply increased the demand for gold and US Treasury bonds. Treasury yields initially fell and then stabilized at lower levels than at the beginning of the second week of October. However, the USD fully recovered after the fall in debt market rates. Is yield no longer the… Read full author’s opinion and review in blog of #LiteFinance