Dollar corrects the error. Forecast as of 29.06.2023

If the US economy is strong, one should expect two federal funds rate hikes. If inflation does not return to the target before 2025, the borrowing cost will be at its peak for a very long time. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

Central banks are faced with an unexpected challenge — the amazing strength of their own economies. Despite aggressive monetary tightening, higher-than-expected GDP growth, a strong labor market, and persistently high inflation are taking place. For these reasons, most FOMC members predict two federal funds rate hikes… Read full author’s opinion and review in blog of #LiteFinance