Dollar loses momentum. Forecast as of 27.10.2023

Investors bought the news that US GDP would accelerate in the third quarter and sold the fact. As a result, the EURUSD has been up. Will the bulls go ahead? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

The impressive growth of the US economy, which accelerated to 4.9% in the second quarter, is not endless. Over the summer, Americans saved less, and their real incomes fell. That means lower spending in the coming months, and coupled with wars in Ukraine and the Middle East and the risks of a government shutdown, could… Read full author’s opinion and review in blog of #LiteFinance