12:30 MSK. United Kingdom: CPI for October.
16:30 MSK. US: Consumer Price Index for October.
19:00 MSK. US: Federal Reserve Board of Governors Chairman Jerome Powell will deliver a speech.
The euro dollar forex trading forecast for EURUSD today 11/13/2019
It came the big day for financial markets. All investors' attention will be focused on two events in the United States: inflation in October and the speech of the Fed in Congress. The first indicator will not be able to please investors positive data, as inflation in the industry and on the ISM reports, service to minimize the past six months. As for the speech of the Fed in Congress, his speech will be largely due to the US trade negotiations and China. Powell will celebrate this event, as the main factor of uncertainty. At the same time speaking on the eve of Donald Trump said that soon the first part of the deal will be signed. It turns out the risk of uncertainty, leaves, and this means that there is no need for a further reduction of the Fed interest rates. It is worth noting that futures on the FED rate indicates the probability of only 10% the central bank in the next three months will be to cut rates. This is positive for the US dollar. We expect the continuation of the downward trend of EURUSD.
EURUSD recommendation: Sell 1.1025 / 1.1040, and take profit 1.0995