Will the Dollar Do the Fed's Job? Forecast as of 30.07.2026
The new Fed Chair appears determined to let the markets do part of the central bank's job of bringing inflation back to target. According to Kevin Warsh, this process is already underway, as reflected in rising Treasury yields. Let's discuss this topic and make a trading plan for EUR/USD.Major Takeaways Markets do not know how to handle their newfound power. The number of hawkish FOMC dissenters is growing. The odds of a rate hike are declining. Rebounds from 1.1470, 1.1550, and 1.1585 will prov