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USD forgot about fears. Forecast as of 02.05.2023 US curren | LiteFinance

USD forgot about fears. Forecast as of 02.05.2023

US currency should not be underestimated. However, investors have been doing this for the past six months. As a result, many negative factors have already been priced in the greenback's quotes. Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

The dollar is not the same as last year. Expectations of the completion of the Fed's monetary restriction cycle, the banking crisis, rumors of an impending recession, and default risks have seriously weakened the greenback. However, at the turn of April and May, EURUSD bears began to recover. In fact, the situation may not... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3p0HHA3