USD estimates chances. Forecast as of 24.04.2024

Will Fed officials resume the tightening cycle or cut rates eight times by 200 bps over the next 12 months? The futures market assigns a 20% probability to both scenarios. Let's discuss this topic and make up a trading plan for EURUSD.Weekly US dollar fundamental forecastMore balanced global GDP growth, the ECB's intention to take into account the Fed's actions, and lower Treasury yields amid solid demand at the auction. All these factors contribute to the strengthening of EURUSD bulls. Due