USD doesn't feel cooling. Forecast as of 04.10.2023

The American economy continues to look robust, Fed officials are hawkish, Treasury yields are rising, and stocks are falling. There are no better conditions for EURUSD bears. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

Theoretically, the Fed's aggressive monetary tightening should cool the US economy and lead to a recession. However, a lot of time has passed since the last increase in the federal funds rate, and macro statistics continue to be strong. This triggered a rise in 10-year Treasury bonds to 4.85% (the highest level since 2007). The market expects 5%. This… Read full author’s opinion and review in blog of #LiteFinance