NZDUSD H4 : Anticipated slowdown of the US economy, Its bearish.

NZDUSD H4 : Anticipated slowdown of the US economy, Its bearish.

• Anticipated slowdown of the US economy
  
• The hurdle for raising rates this month is higher, implying fresh US Dollar falls
  
• Dollar weakness will pick up pace during 2024 as market attention turns toward Fed rate cuts
  
• Fed feels more comfortable with receding inflation
  
• US Dollar's position as the primary global reserve currency is being challenged
  
• America on verge of losing petrodollar privilege
  
• Other regions may need to continue their crusade for inflation, reducing spreads of debt securities yields
  
• Combination of lower Fed rate expectations and improved risk sentiment is quintessentially negative
  
• No more Fed hikes, potentially lethal to the US Dollar
  
• US economy to slip into recession, Fed eventually cut rates quicker than peer institutions
  

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