Will USD's winning streak continue? Forecast as of 09.01.2024

BY admin admin

Reassessment of market expectations, a reduction in the federal funds rate, and exiting USD short trades allowed the greenback to record its best start since 2011. What's next? Let's discuss this topic and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

US stocks' best daily rally since November, led by tech giants, should have helped EURUSD bulls. However, disappointing data on German factory orders and industrial production reminded investors that the German economy is not yet completely stable. There is no recovery, which means that the divergence in GDP growth between the US and the eurozone is unlikely to… Read full author’s opinion and review in blog of #LiteFinance

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Short-term forecast for BTCUSD, XRPUSD and ETHUSD 24.08.2023

I welcome my readers! I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency. Elli

Forex

Prairie Operating Co. Submits Weld County Oil and Gas Location Assessment and Begins Permit Application Process for Second Oil and Gas Development Plan

<p>HOUSTON, TX, Nov. 27, 2023 (GLOBE NEWSWIRE) &#8212; Prairie Operating Co. (OTCQB: PROP; the “Company” or “Prairie”) announced today that it has submitted its Weld County Oil and Gas Locat

Forex

Pound Sterling Price News and Forecast: GBP/USD treads water below 1.2700 as the Dollar trims losses

GBP/USD recovers its recent losses registered in the previous session, trading higher around 1.2650 during the Asian session on Friday.

Copyright © 2024 | WordPress Theme: Xews Lite