Will USD withstand new blows? Forecast as of 25.09.2023

The American economy has coped with the Fed's aggressive rate hikes. However, will it be able to withstand rising oil prices, a possible government shutdown, and other negative factors? Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

Perhaps the Fed officials tightened monetary policy too much, but the ECB has put so much pressure on the American central bank that the eurozone economy can no longer live with it. The negative European PMI increased the currency union's recession risks and did not allow the EURUSD bulls to strengthen.

Business activity in the… Read full author’s opinion and review in blog of #LiteFinance