Due to Fed’s aggressive monetary tightening, high safe-haven demand, and American exclusivity, the EURUSD bears control the market. Let us discuss the Forex outlook and make up a trading plan.
Weekly US dollar fundamental forecast
Remember the past, but don't forget the present. Trying to predict exchange rates, traders often turn to history. The current situation is compared to the 1970s, when consumer prices were also high, and the Fed aggressively tightened monetary policy to curb inflation. But here's the paradox. From 1974 to 1980, the US dollar weakened against the German mark, its main competitor in those years, by… Read full author’s opinion and review in blog of #LiteFinance