FXMillionaire

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Joined Switzerland
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100 % forex
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EURUSD 100% | 1
FXMillionaire FXMillionaire EURUSD, D, Long ,
EURUSD: EUR Scenario for a September Rate Hike by the FED
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EURUSD, D Long
EUR Scenario for a September Rate Hike by the FED

Given that the expectation of a rate hike in the US is already priced in for September, further strengthening of the US Dollar would require a steeper rate curve than expected, which is unlikely to happen. The Fed will be very cautious and slow rising rates. Hence I expect the EUR to rebound once the first rate hike is through, which results in a classical "Buy ...

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