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Dollar benefits from rival’s mistake. Forecast as of 05.11.202 | LiteFinance

Dollar benefits from rival’s mistake. Forecast as of 05.11.2021

When the greenback's rivals act together, the problems with one of them could cause troubles for the rest. The BoE's unwillingness to raise the interest rates encouraged investors to sell off the pounв, pressing down the EURUSD. Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Study, study, and study again! Other central banks should follow the example of how the Fed deals with financial markets. Although Jerome Powell linked the federal funds rate hike to the achievement of full employment, which, in his opinion, will happen in mid-2022, the chances of... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/j1X7r