USD needs to jump higher. Forecast as of 02.05.2024

Federal Reserve officials are not in a rush to lower rates and have no intention of raising them, as Jerome Powell stated. However, the central bank's final verdict will depend on the data. Let's discuss this topic and make up a trading plan for EURUSD. Daily US dollar fundamental forecastJerome Powell didn't spook the markets. The good news for the S&P 500 and EURUSD is that the Fed Chairman did not come up with any surprises. The bad news is that the bar for cutting the Fed funds