What is dollar afraid of? Forecast as of 31.01.2022

The derivatives market believes that the Fed's rate will increase in 2022 not by 75 basis points, as the FOMC December forecast suggests, but by 125 basis points. This circumstance supports the US dollar rally. What could discourage the EURUSD sellers? Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

The Fed's unwillingness to pay attention to the collapse of US stock indexes and the ECB's intention to protect the European bond markets from global turmoil allowed the US dollar to mark its best weekly rise against the euro in the last… Read full author’s opinion and review in blog of #LiteForex