USD: only game in town. Forecast as of 01.11.2023

Market participants are tired of USD purchases, but the euro is not strong enough to reverse the EURUSD downtrend. The eurozone economy lags significantly behind the US, and the Fed leaves room for rate hikes. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

If the market does not go where it is expected, chances are high that it will move in the opposite direction. In October, the US dollar failed to take advantage of the rally in Treasury yields and strong macroeconomic data. According to NAB, long greenback trades create a headwind for any… Read full author’s opinion and review in blog of #LiteFinance