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Dollar's way is blocked. Forecast for 10.05.2023

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Dollar's way is blocked. Forecast for 10.05.2023




EURUSD correction is based on the strength of the US economy and the reduced likelihood of a dovish Fed reversal. Markets are still nervous due to the unresolved debt ceiling issues and expectations for inflation data. We’ll discuss the topic and create a trading strategy.

The Daily US Dollar Fundamental Prediction

The USD is set to gain strength as the chances of a Fed turning dovish in 2023 are decreasing. It cannot gain its full strength due to the $31.4 trillion debt ceiling. Republicans demand budget cuts while the White House accuses them of… Read full author’s opinion and review in blog of #LiteFinance



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