RSS US Dollar Benefits From Widening US–Europe Rates Gap. Forecast as of 17.12.2024

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 RSS US Dollar Benefits From Widening US–Europe Rates Gap. Forecast as of 17.12.2024

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Given the robust state of the US economy, the Fed has the latitude to proceed with caution in cutting rates. In contrast, the ECB is under pressure to act with haste, which could weaken the euro. Let's discuss this topic and make a trading plan for the EURUSD pair. Major Takeaways US PMI surges to near 3-year high, signaling the economy's strength. The Fed will trim its forecasts for the federal funds rate for 2025. The ECB will continue to loosen monetary policy. The EURUSD pair will slide to parity by the middle of next year. US Dollar Fundamental Forecast... Read full author’s opinion and review in blog of #LiteFinance
 
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