Greed will destroy USD. Forecast from 31.08.2023

It has long been known that the US economy is strong. However, aren't expectations of its further growth too high? Is the Fed's rate ceiling too high? Let's discuss this topic and make up a trading plan for EURUSD.

Weekly US dollar fundamental forecast

Downward revision of US GDP for the second quarter and disappointing employment data in the private sector from ADP strengthened the EURUSD rally. The market continues to perceive bad US data as good. Stock indices are rising, while Treasury yields are falling. At the end of the summer, the situation changed dramatically. In this regard, the USD decline is not… Read full author’s opinion and review in blog of #LiteFinance