Dollar rattles nerves. Forecast as of 11.02.22

Buy when everyone else is selling. This principle supported the EURUSD bulls following a strong US inflation report, but something went wrong. James Bullard’s turned everything upside down. Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

The storm should have followed the calm in financial markets that was before the publication of US inflation data. And the storm has exceeded the expectations! The surge in consumer prices to 7.5% and core inflation to 6%, both the highest levels since 1982, has pushed up 10-year US Treasury yields to the highest levels… Read full author’s opinion and review in blog of #LiteForex