USD to make soft landing. Forecast as of 01.09.2023

The eurozone has slipped into stagflation and is on the verge of a deep or prolonged recession. How can the euro compete with the dollar under such conditions? Only if the US soft landing fails. Let's discuss this topic and make up a trading plan for EURUSD.

Daily US dollar fundamental forecast

Central banks are losing focus on raising rates, hurting weaker economies. Stagflation frightens investors, forcing them to ignore the reluctance of consumer prices in the eurozone to slow down at the expected rate. Contrary to Bloomberg's forecast of 5.1%, CPI rose by 5.3%. However, EURUSD collapsed, losing all the gains… Read full author’s opinion and review in blog of #LiteFinance