Cooling economy scares USD. Forecast as of 06.05.2024

Can a single report break a trend? Fed officials say they don't have enough data to make decisions, but one event in the markets could lead to a trend reversal. Let's discuss this topic and make up a trading plan for EURUSD.Weekly US dollar fundamental forecastIn December, investors received a signal from the Fed that the cooling of the US economy would lead to a reduction in the Federal funds rate. The process began only four months later. The worst six-month job gain of 175,000, an increa