US Dollar May Gain Upper Hand Against Counterparts. Forecast as of 24.09.2024

As a rule, the Fed's monetary policy easing measures harm the US dollar. However, this time, the currency is up against a relatively weak opponent, and geopolitical factors favor EURUSD bears. Let's discuss this topic and make a trading plan.Highlights and key points Eurozone PMIs post alarming figures. Political risks in France have returned with renewed vigor. The US dollar is usually falling during the Fed rate cuts. One can open long trades on the EURUSD pair at 1.1145 and 1.118.Weekly US do