US Dollar Extends Losing Streak After 'Big Beautiful Bill'. Forecast as of 23.05.2025

The US Fed is not expected to cut interest rates before September in an effort to clarify the ongoing trade tensions. In such conditions, markets shift their focus from economic data to fiscal issues. Let's discuss this topic and make a trading plan for the EURUSD pair.Major Takeaways The divergence in PMIs has only temporarily supported the US dollar. The Fed will cut rates if the tariff dispute is resolved. The Treasury market dislikes the US President's plan. Long trades could be opened after