USD: indifferent to default. Forecast as of 16.05.2023
The market is extremely calm against the backdrop of aggravated confrontation between Republicans and Democrats on the issue of the national debt ceiling. However, this is just a visible calmness. Let's discuss this topic and make up a trading plan for EURUSD.
Weekly US dollar fundamental forecast
When people are nervous, they don't necessarily overreact. Sometimes they withdraw into themselves, compressing like a spring, ready to shoot at any moment. The markets do the same. They shrank again after the US Treasury Department confirmed that it would not fulfill its obligations by the beginning of June, which would provoke a default. The... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3pKrlvP
