Dollar is OK with Powell. Forecast as of 23.11.2021

While Jerome Powell's second term as Fed chairman seemed more likely than Lael Brainard's seizure of power, hedge funds chose to play it safe. How have their activities affected EURUSD? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Financial markets saluted the appointment of Jerome Powell as the Fed chairman for a second term with the strengthening of the US dollar, higher yields on Treasuries, and shares of the energy, financial and industrial sectors, while the tech giants, on the contrary, fell into a wave of sell-offs. With the new-old head… Read full author’s opinion and review in blog of #LiteForex