Dollar deceived the market. Forecast as of 28.12.2023

Market forecasts are wrong. If the Fed will cut rates so aggressively as expected, it will only be in the event of a recession. In a soft landing, one should expect 3-4 acts of monetary expansion, not 6. Once investors realize this, EURUSD will fall. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

The S&P 500 broke through its all-time high, which, coupled with the fall in Treasury yields after a successful auction, supported the EURUSD rally. The major currency pair broke above 1.11 despite weakness in the European economy and overly optimistic investor… Read full author’s opinion and review in blog of #LiteFinance