Dollar: practice proves theory. Forecast as of 30.06.2023

In theory, raising rates slows down the economy, which ultimately leads to a weaker currency. However, in practice, each cycle of monetary tightening is unique. And the current one is no exception. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly US dollar fundamental forecast

Investors have been underestimating the US economy so far. The idea was simple: the Fed’s most aggressive monetary tightening should have cooled down the economy and pushed it into a recession. That's what the theory says. However, any theory is nothing without practice. The real world is different, and the… Read full author’s opinion and review in blog of #LiteFinance