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Back Fundamental analysis
The Dollar Struggles to Stay on Its Feet
The U.S. dollar has moved past
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The U.S. dollar has moved past the "sell everything American" era but is now under pressure from monetary policy. At Jackson Hole, Jerome Powell made it clear that the Federal Reserve intends to cut rates. Other central banks are planning to raise them or keep them unchanged. This divergence in monetary policy is shaping the fate of EUR/USD. The main currency pair has strong chances of resuming its upward trend.From January through April, the dollar fell alongside U.S. stock indices
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
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Igor Kovalyov
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