USD influences public. Forecast as of 17.10.2023

The lower the EURUSD falls, the more people talk about parity. The euro has plenty of vulnerabilities, while the US dollar is supported by Treasury and oil yields. Are the pair's sellers overconfident? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

The EURUSD fall for 12 of the last 13 weeks allows large banks to release increasingly bearish forecasts. JP Morgan and Citi forecast parity between the euro and the US dollar, while Rabobank, Nomura, and RBC Capital Markets cut their estimates to $1.02. There are so many companies calling for sales of the main… Read full author’s opinion and review in blog of #LiteFinance