USD is not afraid. Forecast as of 07.08.2023

Markets often get emotional. After the release of new important data, investors first buy and only then think. They are afraid to miss a serious trend and eventually suffer losses. A typical example is the market's reaction to the US employment data. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

No matter how emotional investors reacted to the US employment report, the market situation did not change at all. Stocks are still falling, while Treasury yields are rising. Against this backdrop, the initial EURUSD rise after the release of the news that… Read full author’s opinion and review in blog of #LiteFinance