The political crisis in France is slowing down economies and contributing to capital flight from Europe. Capital is fleeing to North America, causing EURUSD quotes to fall. Let’s discuss this topic and make a trading plan.
Weekly US dollar fundamental forecast
The US economy remains resilient, but the case for a Fed rate cut is unclear if statistics do not deteriorate. Meanwhile, central banks in other countries are easing monetary policy. If we add political uncertainty, it is hard to understand why the US dollar should weaken in 2024. This is the opinion of Societe Generale, and it is hard… Read full author’s opinion and review in blog of #LiteFinance
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