USD can be wrong. Forecast as of 20.06.2023

Let's assume that Fed officials are wrong about the number of federal funds rate hikes as they were wrong about inflation in 2022. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

The markets don't trust the Fed. US stock indices are actively growing. EURUSD soared despite the FOMC's hawkish rate outlook. Derivatives signal that the probability of these forecasts coming true in 2023 is 6-11%. But what about the “don’t go against the Fed” rule? Are investors afraid of being punished? Who makes no mistakes, makes nothing. The markets know that Jerome… Read full author’s opinion and review in blog of #LiteFinance