USD laid down arms. Forecast as of 04.09.2023

The labor market report strengthened the rumors about the end of the Fed's monetary tightening cycle. This had a positive effect on the stocks. However, the yields of treasuries and the dollar rose. Why? Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

Stock indices can handle rising US Treasury yields, but can the US dollar's rival currencies? Mixed labor market data for August brought the end of the Fed's monetary policy tightening cycle closer, which was good news for the stock market. However, the increase in employment by 187 thousand (better than Bloomberg's… Read full author’s opinion and review in blog of #LiteFinance