Forecasting is a thankless occupation. Especially if serious mistakes were made while performing it. Investors should not react violently to new estimates and forget tail risks. Let's discuss this topic and make up a trading plan for EURUSD. Only those who do nothing never make any mistakes. However, both the markets and the Fed made a serious mistake a year ago when forecasting 2022 events. Therefore, in 2023, everything may be completely different from what they predict. The Fed sees an increase in the federal funds rate to 5.25% and maintaining this level at least until the end of next year. Investors believe the ... (full story)