US Dollar Declines After Fed's Aggressive Cut. Forecast as of 23.09.2024

The Fed's new approach to saving the economy from recession with an aggressive move contrasts with the cautious stance of the ECB and other central banks, which allows the EURUSD pair to increase. Let's talk about this topic and make a trading plan.Highlights and key points The derivatives market is demanding the Fed to cut rates by 70 bps by the end of 2024. The Fed is ready to accelerate as inflation is falling fast. The ECB talks about the volatile nature of consumer prices. The EU PMI weakne