USD is back. Forecast as of 26.10.2023

If the conflict in the Middle East forced EURUSD to step into uncharted territory, then its de-escalation brought everything back to normal. Thanks to the favorable external background, the USD began to strengthen. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

As soon as the geopolitical factor receded, old patterns returned to the market. The yield on 10-year Treasuries is growing and is approaching 5%, the Nasdaq 100 index has begun a correction, and EURUSD quotes have been falling for the third day. Investors have entered familiar territory and are eagerly awaiting the release… Read full author’s opinion and review in blog of #LiteFinance