Fundamental analysis:
The United States federal government is taking steps to secure the stability of the inflation rate by agreeing to raise interest rates in response to the decrease in inflation observed in recent months. This has led to a substantial increase in the growth index of non-agricultural employment, which bodes well for the growth of the country's GDP. However, the high inflation levels and the impact of climate change in the USA may result in a predicted increase in unemployment. To maintain a positive investment climate and attract both domestic and foreign investors, it is crucial to increase GDP and consumer prices in the coming months. These developments create a favorable opportunity for the US dollar to gain increased demand.
Technical analysis:the recent dovish signals from the European Central Bank (ECB) have caused a shift in market sentiment, leading to renewed strength in the US dollar. Following a potential correction, the USD is expected to reach the following price targets: 103.500, 107.000, and 109.200, as indicated by technical analysis of the charts.
Target: 103.500
Target:107.000
Target:109.200
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The United States federal government is taking steps to secure the stability of the inflation rate by agreeing to raise interest rates in response to the decrease in inflation observed in recent months. This has led to a substantial increase in the growth index of non-agricultural employment, which bodes well for the growth of the country's GDP. However, the high inflation levels and the impact of climate change in the USA may result in a predicted increase in unemployment. To maintain a positive investment climate and attract both domestic and foreign investors, it is crucial to increase GDP and consumer prices in the coming months. These developments create a favorable opportunity for the US dollar to gain increased demand.
Technical analysis:the recent dovish signals from the European Central Bank (ECB) have caused a shift in market sentiment, leading to renewed strength in the US dollar. Following a potential correction, the USD is expected to reach the following price targets: 103.500, 107.000, and 109.200, as indicated by technical analysis of the charts.
Target: 103.500
Target:107.000
Target:109.200
"Don't forget to like"
.
.
.
.
.
.
"Thanks for giving your time to read my article."
