USD doesn't believe in dovish reversal. Forecast as of 12.05.2023
Who said the Fed has to cut rates five months after peaking? If we recall 1929, then the decline occurred after eight. In 1981 the rate was reduced after 29 months! Why sell the dollar? Let's discuss this topic and make up a trading plan for EURUSD.
Weekly US dollar fundamental forecast
Don't go against the Fed. The market again remembered this principle and began to buy the dollar. Despite new signs that the US economy is cooling, the debt ceiling issue, falling Treasury yields, and the possibility of a federal funds rate cut in 2023 following the release of new... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/456xi6z
