Euro had a narrow escape. Forecast as of 06.07.2023

The Fed's pause in June confused US dollar bulls, but in fact, rates could have risen even more. This is evidenced by the minutes of the recent FOMC meeting. How did it affect EURUSD? Let us discuss the Forex outlook and make up a trading plan.

Weekly Euro fundamental forecast

The fact that the federal funds rate could have risen back in June was a pleasant surprise for the EURUSD bears. Several members of the FOMC talked about monetary restrictions but eventually agreed to take a break. The main arguments of the hawks were better PMI growth and the absence… Read full author’s opinion and review in blog of #LiteFinance