US Dollar Awaits FOMC Minutes. Forecast as of 07.07.2026

The EUR/USD pair's recent decline has been largely driven by interest rate expectations. Investors continue to price in a more aggressive Fed policy than its global peers. If those expectations prove overstated, the US dollar could face a sharp reversal as investors unwind their net long positions, which have reached their highest level since 2015. Let's examine the current market environment and develop a trading plan.Major Takeaways The risks for the Fed have taken a 180-degree turn. Fluctuati