Will USD's winning streak continue? Forecast as of 09.01.2024

Reassessment of market expectations, a reduction in the federal funds rate, and exiting USD short trades allowed the greenback to record its best start since 2011. What's next? Let's discuss this topic and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

US stocks' best daily rally since November, led by tech giants, should have helped EURUSD bulls. However, disappointing data on German factory orders and industrial production reminded investors that the German economy is not yet completely stable. There is no recovery, which means that the divergence in GDP growth between the US and the eurozone is unlikely to… Read full author’s opinion and review in blog of #LiteFinance