Usually, after the release of strong data, US stock indices grow. However, the market has long been evaluating data through the prism of the Fed's monetary policy. The hope for a continuation of the rate hike cycle strengthens the dollar. Let's discuss this topic and make up a trading plan for EURUSD.
Weekly US dollar fundamental forecast
Fed policy has been data-driven for several months now. However, the markets' reaction to the US macro statistics shows that the numbers are less important than the reaction to them. Usually, strong economy data allows stock indices to rise due to improved expectations for corporate profits.... Read full author’s opinion and review in blog of #LiteFinance
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