USD: affected by events. Forecast as of 18.01.2023
With the US dollar losing its advantages and the European economy extremely resilient, it's no surprise that banks and investment companies raise their EURUSD forecasts. Let's discuss this topic and make up a trading plan. Weekly US dollar fundamental forecast According to reliable Bloomberg sources in the Governing Council, the ECB is considering slowing down the rate of its deposit rate hike from 50 bps in February to 25 bps in March, despite Christine Lagarde's claims of several half-point increases. EURUSD bulls decided to play it safe, fixing profits, which led to the pair's fall below 1.08. Moreover, the US stock indices... Read full author’s opinion and review in blog of #LiteFinance
With the US dollar losing its advantages and the European economy extremely resilient, it's no surprise that banks and investment companies raise their EURUSD forecasts. Let's discuss this topic and make up a trading plan.
Weekly US dollar fundamental forecast
According to reliable Bloomberg sources in the Governing Council, the ECB is considering slowing down the rate of its deposit rate hike from 50 bps in February to 25 bps in March, despite Christine Lagarde's claims of several half-point increases. EURUSD bulls decided to play it safe, fixing profits, which led to the pair's fall below 1.08. Moreover, the US stock indices... Read full author’s opinion and review in blog of #LiteFinance
