USD didn't curb inflation. Forecast as of 22.11.2023

The Fed and the ECB's fight against high prices continues. Until inflation is curbed, it is too early to talk about cutting rates. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

ECB officials say the fight against inflation is not over yet. Markets are pricing in a reduction in deposit rates in 2024. These actions weaken the euro. Central banks act in a pack, and if they manage to convince investors that rates will remain unchanged, global risk appetite will decrease, and EURUSD will consolidate.

Has the European Central Bank defeated inflation? No! Christine Lagarde was… Read full author’s opinion and review in blog of #LiteFinance