US Dollar Risks Making Slip. Forecast as of 23.07.2024

1 min read

In 2016, investors were taken aback by Donald Trump’s victory in the presidential election. However, the S&P 500 saw a 20% surge. Could the markets be misguided about the Trump trade once more? Let’s delve into this topic and make a trading plan for the EURUSD pair.

Highlights and key points

Not everyone believes that Trump’s victory will strengthen the US dollar.
Republican policies may not accelerate inflation.
The Trump trade is still dragging the Fed’s monetary policy.
the EURUSD rally may continue if the resistance of 1.0905 is broken through.

Weekly US dollar fundamental forecast

Investors have made a… Read full author’s opinion and review in blog of #LiteFinance

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