US Dollar Dispels Recession Fears. Forecast as of 26.08.2024

The market received a clear signal that the Federal Reserve's monetary expansion cycle would begin in September, and it started buying the EURUSD pair against the European Central Bank's actions. However, the central banks' decisions will depend on the incoming data. Let's discuss this topic and make a trading plan.Highlights and key points The Fed is not satisfied with the labor market cooling. The US regulator intends to adjust monetary policy. Its decisions will depend on the incoming data. T