Dollar power tripled. Forecast as of 03.08.2023

The EURUSD was up after the inflation report had been published. However, the price has crashed again. The three main reasons are the growth gap, increased demand for safe havens, and the growing attractiveness of the US Treasury bonds. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

The dollar is rising because economic resilience outweighs financial uncertainty. That is the world media has written about. In fact, the strength of the US economy and the downgrading of the US credit rating by Fitch from AAA to AA+ encourage the EURUSD bears…. Read full author’s opinion and review in blog of #LiteFinance