USD: back to roots. Forecast as of 26.04.2023
History shows that the dollar usually rises due to bad news releases and US stock indices' fall. In 2023, these trends were often violated, but the market reminds of them occasionally. Let's discuss this topic and make up a trading plan for EURUSD.
Weekly US dollar fundamental forecast
The approaching recession will not bring anything good for the greenback. However, the market remembers that it is reasonable to enter USD purchases when stocks fall. The USD index rally is a reaction to bad news, even if the bad news comes from the US. However, there is another version. It is quite... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3Lvwlg0
