Fed presses down the dollar. Forecast as of 29.04.2021

The Federal Reserve said what the market wanted to hear, which has weakened the greenback. Nonetheless, the euro is strengthening not only because of the dollar weakness. The single European currency has its own benefits, and there could emerge fresh growth drivers. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Monthly US dollar fundamental forecast

It's good when you have a choice. Jerome Powell certainly had a choice. The Fed could follow the example of the Bank of Canada, announcing a reduction or at least hinting at a reduction in the QE pace. Or the… Read full author’s opinion and review in blog of #LiteForex