USD: correction time. Forecast as of 07.11.2023

Markets, like people, often react emotionally, but after some time, they begin to act rationally. The US economy remains hot, while the Fed's policy depends on the data. Perhaps the time for rapid growth of EURUSD has not yet come. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

Markets are accustomed to groupthink. A period of rapid GDP growth is followed by an increase in Fed rates, which cools the economy. The recession is forcing the central bank to loosen monetary policy. However, it is unnecessary to lower borrowing costs to zero, as in 2008 and… Read full author’s opinion and review in blog of #LiteFinance