Dollar throws a loop

Fundamental US dollar forecast for today

US economy faces a negative feedback loop

“The weaker is the economy, the stronger is the currency”. This is the principle, according to which the US dollar is trading after the Fed has cut the interest rates, turning the USD into a major safe-haven. US weak domestic data have strengthened the dollar and vice versa. The US jobs report signaled that the greenback can be rising even if the economic data are strong. “The stronger is the economy, the stronger is the currency”. It is just because the situation could be worse tomorrow. The…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>