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Main » 2019 » February » 10

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Views: 74 | Added by: mik | Date: 10.02.2019 | Comments (0)

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First, a few words about the events of the past week:

 

- EUR / USD. One of the scenarios, supported, however, only 30% of the experts, is expected to fall to the bottom border pair medium side channel 1.1300-1.1500. What happened - lost about 130 pips, the pair recorded a weekly low at 1.1320.   

The reason for the strengthening of the dollar and, as a result, falling of pair began to increase anti-risk sentiment due to increased pessimism to resolve US-China trade conflict and not the most favorable expectations for economic growth in the euro area. So, the European Commission, spoke of "significant risks" significantly lowered its forecast of GDP growth - from 1.9% to 1.3% in 2019 and from 1.7% to 1.6% in 2020. This adjustment had a significant pressure on the euro, allowing the market to understand what to expect higher interest rates this year, it is not necessary;

 

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Views: 71 | Added by: mik | Date: 10.02.2019 | Comments (0)

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