Dollar made a wrong choice. Forecast as of 12.01.2024

US jobs and inflation reports confirmed the strength of the US economy, which, in theory, should allow the Fed to keep rates at 5.5% for a long time. However, EURUSD remained stable in both cases. Why hasn’t the trend turned down? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

If in 2023, the markets fought with the Fed, losing more often than winning, then in 2024, they have to fight their own greed. No matter how strong the US employment and inflation reports for December looked, stock indices and EURUSD found… Read full author’s opinion and review in blog of #LiteFinance