EURUSD Surges on Improved Market Optimism. Forecast as of 27.08.2024

Investors are paying close attention to the upcoming start of the Fed's monetary expansion cycle and have temporarily set aside concerns about the US presidential election. The associated uncertainty may provide support for the US dollar. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Markets are overly optimistic about the Fed's monetary expansion. History shows that sharp rate cuts are inherently unhealthy for the markets. Investors should not ov