RSS Greenback Appreciates Ahead of US Labor Market Report. Forecast as of 09.01.2025

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 RSS Greenback Appreciates Ahead of US Labor Market Report. Forecast as of 09.01.2025

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The US Federal Reserve is adopting a cautious stance, anticipating that the 2% inflation target will be reached later than previously expected. Investors were already aware of this information, which makes the upturn in the EURUSD pair a coherent development. Let's discuss this topic and make a trading plan. Major Takeaways The Fed failed to surprise the markets. ADP private sector employment data disappointed. Christopher Waller sees further rate cuts. Shorts trades formed on the EURUSD pair at 1.0375 should be kept open. Weekly US Dollar Fundamental Forecast The December reduction in the federal funds rate by 25 basis points to... Read full author’s opinion and review in blog of #LiteFinance
 
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