USD: too early to relax. Forecast as of 18.09.2023

Federal Reserve officials were slow at the beginning of the monetary restriction cycle. Why should they relax quickly? Don't expect it! Economists believe the rate will continue to rise. How will this affect EURUSD? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

Despite the positive US macroeconomic data, the futures market still forecasts a recession and several Fed monetary expansions in 2024. Goldman Sachs expects the tightening cycle to be over, but the Fed must leave room for maneuver. In contrast, economists believe the federal funds rate could rise above 6%. Who is… Read full author’s opinion and review in blog of #LiteFinance