The euro dollar forex trading forecast for EURUSD today 03/13/2019
Published data on inflation in the US in February confirmed the fears of a number of Fed members that the central bank may have to lower the rate by 0.25% at the end of the year. Inflation has fallen to the level of 1.5%, the lowest level since October 2016. Now the Fed rate at 0.875% above inflation. With such a dynamic economy will be difficult to demonstrate the growth rate of 3.1% - about such GDP growth on the eve said J. Trump. Investors will now be rid of the dollar, and to go into higher-yielding currencies, primarily the currencies of developing markets (Russia, Brazil, South Africa, China). For the euro is a good sign, since the single currency has a direct correlation with the currencies of emerging markets.
EURUSD recommendation: Buy 1.1275 / 1.1250, and take profit 1.1315