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Main » 2019 » February » 08

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Results of the last trading day EUR / USD:


On Thursday, 7 February, the euro / dollar closed lower. At auction in Europe EURUSD rate dropped to 1.1325. The pressure on the single currency has had a publication of the European Commission press release with lower forecasts for the growth of European economies in the 2019-2020 year.


The pair GBP / USD fell today reduced to the level of 1.2855. The pressure on the Briton had a decline in the Bank of England forecasts on the growth of the UK economy.

 

 

Views: 16 | Added by: mik | Date: 08.02.2019 | Comments (0)

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The euro dollar forex trading forecast for EURUSD today 08/02/2019
 

Today, there are good and bad news for the euro. Let's start with the pleasant. Gold is in demand among investors, which will provide support to the euro, because of the direct correlation of the two instruments. The bad news is the negative trend of the bond market, where yields on 10-year government securities in Germany decreased in relation to their counterparts in the US and UK. Now it is difficult to understand which of the above two factors will have a strong influence on the course of trading.


EURUSD recommendation: flat 1.1300-1.1380

 

 

Views: 18 | Added by: mik | Date: 08.02.2019 | Comments (0)

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