Dollar should rise but doesn’t. Forecast as of 22.01.2024

From a fundamental point of view, the EURUSD pair should fall. This is signaled by divergence in economic growth and high expectations of monetary expansion by the Fed. Why aren’t bears going ahead? Let's talk about this topic and draw up a trading plan.

Weekly US dollar fundamental forecast

The world is full of paradoxes. Based on the principle that “a strong economy means a strong currency,” the US dollar should grow. However, EURUSD bears were unable to consolidate the price below 1.09, and expectations of the ECB’s hawkish rhetoric, a further slowdown in the US PCE, as well as… Read full author’s opinion and review in blog of #LiteFinance