Dollar needs more time. Forecast as of 17.04.2024

Investors were worried that Jerome Powell would hint at raising the federal funds rate. He rejected this idea, which allowed the EURUSD to stabilize. Let us discuss the Forex outlook and make up a trading plan.Weekly US dollar fundamental forecastWhen the Fed turned dovish in December, markets began to demand that the central bank cut the federal funds rate 6-7 times in 2024. After the release of US inflation data for March, investors began to speculate about a resumption of the monetary tighten