Markets Await Rate Cut Signals from Fed. Forecast as of 29.07.2024

There are clear signs that the US economy is cooling. The Fed must take action to achieve a soft landing. A rate cut in September would be an appropriate response. Let's discuss this topic and make a trading plan for the EURUSD pair.Highlights and key points Markets expect the Fed to signal a rate cut. September is the optimal month for launching monetary expansion. The week to August 2 will be eventful. The EURUSD risks hovering in the 1.083-1.09 range until the FOMC meeting results are announc