Dollar surrounded by doves. Forecast as of 21.06.2024

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The euro area, Sweden, Denmark, and Canada have cut rates, while Switzerland has already cut them twice. If you hesitate to join your counterparts, you risk seeing your national currency consolidate. Unsurprisingly, the USD index is growing. Let’s discuss this and make a trading plan for the EURUSD.

Weekly fundamental forecast for dollar

The Fed is hardly a hawk among doves, but it appears to be the dove with the sharpest claws, or rather, FOMC officials are trying to portray the central bank as such. Chicago Fed President Austan Goolsbee and Richmond Fed President Thomas Barkin said more data was… Read full author’s opinion and review in blog of #LiteFinance

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