Dollar's way is blocked. Forecast as of 10.05.2023
EURUSD correction is based on the strength of the US economy and the reduced likelihood of a dovish Fed reversal. However, the greenback issues regarding the debt ceiling have not been resolved, while expectations of inflation data release are unnerving the markets. Let's discuss this topic and make up a trading plan.
Daily US dollar fundamental forecast
The USD is ready to strengthen as the possibility of a Fed's dovish reversal in 2023 is declining. However, the debt ceiling of $31.4 trillion does not allow it to gain full strength. Republicans demand budget cuts while the White House accuses them of... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3Bf7maS
