US Dollar in Tight Spot. Forecast as of 04.07.2024

Another batch of disappointing US data, combined with reduced political risks in France, has had a profound impact on the EURUSD pair, leading to a significant strengthening. However, the Trump factor remains a key player. Let's delve into these topics and make a trading plan.Weekly US dollar fundamental forecastNo matter how much the Fed says it is in no hurry to cut rates, it will have to do so sooner or later. The latest US statistics suggest sooner rather than later. Disappointing data raise