Will the euro overcome the new barrier? Forecast as of 11.01.2024

The US dollar will hardly be strengthening when there is no fear in the market. Investors are confident in six rate cuts by the Fed, supporting the EURUSD rally. Will the US inflation stop the euro uptrend? Let us discuss the Forex outlook and make up a trading plan.

Weekly Euro fundamental forecast

The roles change, but the principles remain. Greed is returning to financial markets. The situation resembles the events before the December Fed meeting, when US stock indices were rising, and investors expected the central bank to stop them with the help of a hawkish tone. Now, the… Read full author’s opinion and review in blog of #LiteFinance