Dollar surrounded by doves. Forecast as of 21.06.2024

The euro area, Sweden, Denmark, and Canada have cut rates, while Switzerland has already cut them twice. If you hesitate to join your counterparts, you risk seeing your national currency consolidate. Unsurprisingly, the USD index is growing. Let’s discuss this and make a trading plan for the EURUSD.Weekly fundamental forecast for dollarThe Fed is hardly a hawk among doves, but it appears to be the dove with the sharpest claws, or rather, FOMC officials are trying to portray the central ban