Euro underestimated its rival. Forecast as of 07.02.2023
The underestimation of the Fed's monetary restriction and the US economy cost EURUSD dearly. The rising chances of a federal funds rate hike to 5.25% or more allowed the bears to strengthen. Let's discuss this topic and make up a trading plan. Weekly Euro fundamental forecast In order to survive in the market, it is necessary to change your stance from time to time. Thanks to the January US employment data, the markets very quickly changed their minds about the Fed's monetary policy. They now fully agree with the FOMC's forecast of a peak federal funds rate of 5.1%. Before that, they... Read full author’s opinion and review in blog of #LiteFinance
The underestimation of the Fed's monetary restriction and the US economy cost EURUSD dearly. The rising chances of a federal funds rate hike to 5.25% or more allowed the bears to strengthen. Let's discuss this topic and make up a trading plan.
Weekly Euro fundamental forecast
In order to survive in the market, it is necessary to change your stance from time to time. Thanks to the January US employment data, the markets very quickly changed their minds about the Fed's monetary policy. They now fully agree with the FOMC's forecast of a peak federal funds rate of 5.1%. Before that, they... Read full author’s opinion and review in blog of #LiteFinance
