US dollar: too tired to fall. Forecast as of 29.12.2023

The fourth quarter was extremely unsuccessful for the USD index. But what could you expect if the S&P 500 is ready to mark the longest winning streak since 2004? What will happen in 2024? Let's discuss this topic and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

Forex was the first to recover. While the S&P 500 took another small step toward an all-time high, EURUSD's failure to hold above 1.11 triggered a selloff. There are too many contradictions in the market. The Fed will cut the federal funds rate by the 150 bps expected by derivatives only… Read full author’s opinion and review in blog of #LiteFinance