Dollar bulls go ahead. Forecast as of 06.02.2024

Despite slowing inflation, the Fed should keep the federal funds rate at a plateau for some time. This is the view of the OECD, and the markets agree with it. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

The US economy is strong, and investors are revising their expectations for the federal funds rate. The demand for safe heavens is high due to geopolitical conflicts in Eastern Europe and the Middle East and the US presidential elections. So, the US dollar is naturally strengthening. The greenback continues rising against a basket… Read full author’s opinion and review in blog of #LiteFinance