Smile doesn't suit USD. Forecast as of 14.07.2023

The USD is in good shape when the American economy is strong, or a recession hits the US. When GDP slows down, it means bad times for EURUSD bears. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

In the middle of summer, traders are actively buying not only stocks and treasury bonds, but also the dollar smile theory. According to it, the greenback is growing strongly when the US economy is either booming or in recession. During periods of weak GDP growth, the USD index declines. The increase in the possibility of the US economy's soft landing… Read full author’s opinion and review in blog of #LiteFinance