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Main » 2019 » April » 02

Events today:

15:30 MSK. USA: Change in orders for durable goods in February.

The euro dollar forex trading forecast for EURUSD today 04/02/2019

At present, formed a mixed background. On the one hand, the euro may show growth. Support customers will have a single currency capital inflows to emerging markets and a positive trend in oil. Investors buy emerging markets assets as macroeconomic statistics from China's industrial production a pleasant surprise in the form of strong growth PMI index. Chinese corporations are hoping for a speedy conclusion of trade negotiations between Beijing and Washington, and on this background, ready to expand production. On positive news from China showed good growth of quotations of oil - BRENT grade approaching the psychological level of $ 70 / barrel. This mark oil may test this week, which is positive for the euro, due to the direct correlation EURUSD and BRENT. On the other hand, we can see the price decline on an annual minimum. On Monday, Eurostat recorded a decline in the consumer price index to 1.4%, the benchmark and does fell to 0.8%, the lowest since May 2018. With this Euro dynamics will be difficult to gain a foothold above the mark of 1.13.

EURUSD recommendation: flat 1.1160- 1.1250



Views: 39 | Added by: mik | Date: 02.04.2019 | Comments (0)

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