US Dollar Disregards Fed. Forecast as of 24.07.2024

1 min read

The question on many investors’ minds is how low the EURUSD pair can fall before the release of the US labor market and inflation data for July. The answer to this question will depend on the Trump trade, which has taken the Fed’s monetary policy to the back burner. Let’s discuss this topic and make a trading plan.

Highlights and key points

Investors are paying no heed to bets on the Fed’s monetary expansion.
Markets are focused on the negatives of tariffs for the global economy.
They fear chaos in the market caused by Donald Trump.
The 1.083 level is… Read full author’s opinion and review in blog of #LiteFinance

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