Dollar dancing to the Fed’s tune. Forecast as of 18.03.2024
Investors, as usual, are focused on the Fed’s comments and actions. Markets are afraid that the situation of the 1970s when a premature victory over inflation turned into a recession, will repeat. Let us discuss the Forex outlook and create a EURUSD trading plan.Weekly US dollar fundamental forecastThe Fed, as always, determines the market sentiment. Expecting at the beginning of the year to see a federal funds rate cut by 1.50% to 4% starting in early spring, investors by mid-March doubt
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