Dollar: no help from the pilot. Forecast as of 07.03.2024

Has the US economy had a soft landing? Don't ask the pilot. Jerome Powell didn't make markets give up the idea that the rate would be cut in April - June. And the EURUSD's reaction isn't surprising. Let’s discuss it and make a trading plan. Weekly fundamental forecast for dollar If a currency needs good news to grow, something's wrong. Investors hoped that Jerome Powell would push back against market expectations of a rate cut in the first half of the year. That didn't happen, and they started buying treasuries; their yield fell and hit the USD. However, the EURUSD... Read full author’s opinion and review in blog of #LiteFinance