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Main » 2019 » July » 01
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Events that should pay attention today:

17:00 MSK. US: ISM manufacturing index.


The euro dollar forex trading forecast for EURUSD today 01/07/2019


Positive talks Donald Trump and Xi Jinping are mixed background for the single European currency. On the one hand, today we can expect sales of gold, which may cause a decrease in value of the euro, due to the direct correlation and EURUSD XAUUSD. Investors last month are actively buying the precious metal on fears caused by the US trade war and China. Now the two warring sides declared a truce, and this will cause a correction factor for the precious metal. On the other hand, after the G-20 summit can expect capital inflows to emerging markets - investors will buy the currency, stocks and bonds in Brazil, Turkey, Russia, China, Indonesia, Mexico. In this period, the euro received good support and shows growth.

 

EUR / USD recommendation: flat 1.1300 - 1.1380

 

 

Views: 55 | Added by: mik | Date: 01.07.2019 | Comments (0)

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