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Dollar changed focus. Forecast as of 11.05.2023 After stron | LiteFinance

Dollar changed focus. Forecast as of 11.05.2023

After strong fluctuations caused by the release of US inflation data, EURUSD froze in place. Neither the supporters of the Fed's dovish reversal in 2023 nor their opponents received additional benefits. Let's discuss this topic and make up a trading plan.

Monthly US dollar fundamental forecast

How quickly the situation in Forex is changing! A few months ago, the release of US inflation data attracted the attention of financial markets. Now, investors have switched to other issues, including economic growth, the banking crisis, and the debt ceiling. As a result, after strong fluctuations, EURUSD stopped moving in anticipation of the PPI release.... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3M2loSu