US Dollar Collapse Looming? Forecast as of 05.07.2024

The political turmoil in France has been contained, forcing EURUSD bears to flee the battlefield against the approaching start of the federal funds rate cut cycle. Let's delve into this topic and make a trading plan.Highlights and key points The political risks in France have been reduced. The ECB is in no hurry to cut rates. Weak US employment data will drag the US dollar down. The EURUSD pair may reach 1.0865 and 1.09.Weekly US dollar fundamental forecastThe show is over. Polls show that the r