Greenback Plunges Amid Deteriorating US Fiscal Outlook. Forecast as of 22.05.2025

The bond market has demonstrated its influence in the political arena, playing a role in the approval of Donald Trump's tax cut bill. However, the outcome is not certain, as the Republican Party is divided on the matter. Let's discuss this topic and make a trading plan for the EURUSD pair.Major Takeaways Soaring US bond yields have brought fear to the markets. The US administration is facing a string of failures. Without support from stock indices, the US dollar is in trouble. Buying the EURUSD