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USD stumbled. Forecast as of 01.05.2023 The Eurozone econom | LiteFinance

USD stumbled. Forecast as of 01.05.2023

The Eurozone economy is growing slower than expected, but this does not save the EURUSD bears. The second largest bank failure in history could happen in the US. The crisis could trigger a recession in the country. Let's discuss this topic and make up a trading plan.

Weekly US dollar fundamental forecast

Although unpleasant news for investors comes from Europe and the United States, stock indices are growing, unlike EURUSD, which once again experienced strong fluctuations. Disappointing Eurozone GDP and German inflation data pushed the pair to the lower end of the trading range of 1.0975-1.1055. However, the PCE slowdown and... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3LfKcG2