US Dollar Surges amid US Stocks Rally. Forecast as of 19.08.2024

The US dollar is facing significant challenges as a safe-haven currency against the recent surge in US stocks. This shift reflects a transition in market sentiment from fear to greed. Let's discuss this topic and develop a trading plan for the EURUSD pair.Highlights and key points Recession odds in the US economy have fallen sharply. The markets are once again driven by greed. The Fed is expected to signal a rate cut. The EURUSD pair may rise to 1.1065 and 1.111.Weekly US dollar fundamental fore