When US indices are down and Treasury yield is up, investors buy cash, strengthening the US dollar. Fed’s monetary tightening fuels this process. Let us discuss the Forex outlook and make up a EURUSD trading plan.
Weekly US dollar fundamental forecast
Following the Fed-driven relief rally, the best rise since 2020, the US stock futures dropped dramatically. Nasdaq Composite was down more than 5%, and the EURUSD rise finished, hardly having started.
Over the past decade, against the backdrop of ultra-easy monetary policy, the Fed and investors have been following the same scenarios. The Federal Reserve stimulated suppressed inflation, and… Read full author’s opinion and review in blog of #LiteFinance