US Jobs Data to Drive EURUSD. Forecast as of 01.10.2024

The US Federal Reserve has started the monetary expansion cycle quite aggressively and is now prepared to adopt a more measured approach if the US economy remains as robust as anticipated. In light of the ongoing challenges in the eurozone, there is an elevated risk of a pullback in the EURUSD pair. Let's discuss this topic and make a trading plan.Highlights and key points The Fed is in no hurry to cut interest rates. Synchronized monetary expansion will not weaken the US dollar much. The ECB wi