USD found balance. Forecast as of 18.05.2023
The market was running ahead of the Fed for a long time, predicting the federal funds rate cut in September. Now its opinion has changed, and FOMC officials agree with this. How will this affect EURUSD? Let's discuss this topic and make up a trading plan.
Monthly US dollar fundamental forecast
When the Fed raises the federal funds rate above long-term Treasury yields, the market feels that the central bank officials have tightened monetary policy too much. This allows pessimists to say that a recession is inevitable. Indeed, a number of macroeconomic indicators point to a recession, but if you take... Read full author’s opinion and review in blog of #LiteFinance https://bit.ly/3BCiSgI
