Dollar is invincible. Forecast as of 25.11.2021

Encouraged by the US economic strength and the Fed’s willingness to get rid of monetary stimulus, the EURUSD bears have sent the pair to the lowest level since June 2020. Will the price fall lower? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Why is the US dollar strengthening? The answer to this question was given by strong US economic data and the minutes of the FOMC November meeting. Due to the exceeding growth of the consumer expenditures over inflation, and the drop in jobless claims to a 52-year low, the… Read full author’s opinion and review in blog of #LiteForex