Euro retreats. Forecast as of 23.01.2024

When the markets are revising their expectation for the federal funds rate, the major bullish driver for the EURUSD is the traders’ greed. Let us discuss the Forex outlook and make up a trading plan.

Weekly Euro fundamental forecast

While Forex traders are revising the trend of the fed funds rate, the stock market is looking for new reasons for its own greed. Artificial intelligence, the end of the corporate earnings recession, expectations of Fed monetary expansion, and the Goldilocks economy have allowed the S&P 500 to hit new all-time highs. The broad stock index needs a new boost, and… Read full author’s opinion and review in blog of #LiteFinance