Euro pays for ECB's mistakes. Forecast as of 07.12.2023

Despite the fact that the European Central Bank began raising rates four months later than the Fed, it underestimated the weakness of the eurozone economy. The euro will feel the effects of this decision. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly Euro fundamental forecast

Markets expect central banks to cut rates sharply in 2024, which would only happen during a severe recession. At the same time, falling Treasury yields and oil prices signal growing downside risks. On the other hand, markets are outpacing themselves, forecasting a fall in the federal funds rate by 125 bps and… Read full author’s opinion and review in blog of #LiteFinance