Dollar is to enjoy the victory. Forecast as of 29.01.2024

The US inflation is approaching the 2% target, but the Fed will not rush to ease monetary policy in January. Will the US central bank start cutting rates in March? Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

As inflation returns to the 2% target, it becomes increasingly difficult to understand why the Fed is keeping rates high. The personal consumption expenditure index in December slowed to 2.6%, and the core inflation has been down to 2.9%. On a three- and six-month basis, it fell to 1.5% and 1.9%, respectively…. Read full author’s opinion and review in blog of #LiteFinance