RSS US Dollar to Continue to Dominate Market. Forecast as of 16.01.2025

[Crax Bot]

The slowdown in US core inflation, coupled with the moderately dovish rhetoric of Fed officials, has encouraged EURUSD bulls to attack. However, the market's resilience and the strength of the opposing forces led to a rally that failed to gain traction. Let's discuss this topic and make a trading plan. Major Takeaways The disinflationary trend in the US remains in place. The derivatives market has increased the odds of two Fed rate cuts. The ECB is concerned about deflation and slowing GDP growth. Short trades on the EURUSD pair can be opened with targets at 1.012 and 1.000. Weekly US... Read full author’s opinion and review in blog of #LiteFinance

Click to read more...