USD's new toy. Forecast as of 19.10.2023

EURUSD has stopped responding to the rally in Treasury yields and American exceptionalism. What are the new drivers? Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

The better the US macro statistics, the more markets will be inclined to tighten financial conditions. The surprising strength of the American economy only increases the likelihood of a deeper recession. The higher Treasury yields rise, the greater the concerns about the financial stability of the United States. The regime is changing in Forex. Therefore, the inability of EURUSD bears to take advantage of old advantages is unsurprising…. Read full author’s opinion and review in blog of #LiteFinance