Dollar will bring Democrats down a peg. Forecast as of 05.03.2024

Democrats urge the Fed to cut rates immediately. Republicans believe that will help the party in power in elections. How should the EURUSD move in this situation? Let’s discuss it and make a trading plan. Weekly fundamental forecast for dollar The EURUSD is drifting ahead of important events while Jerome Powell prepares to fight back against Democrats, who demand an immediate fed funds rate cut, and while Donald Trump wins in court, stepping closer to the presidency. Bulls' attempt to break out resistance at 1.0865 faces their adversary's fierce resistance. But is it worth attacking so early? Traders have become... Read full author’s opinion and review in blog of #LiteFinance