The euro exchange rate against the dollar today, EURUSD Forecast 08/08/2019
Passions around the United States and China have not yet subsided a trade war - J. Trump has quietly reacted to the surge in volatility on the financial markets. In his twitter US President wrote that he expected such a reaction of the market. Trump continues to criticize the Fed and requires a rapid reduction in interest rates. Four of the former head of the US Federal Reserve issued a sharp condemnation of the American president's actions - former heads of the Fed needs to leave alone D. Powell. It is difficult to understand who is fighting D. Trump - he opposed the Democrats in Congress, against the Fed, against China, Iran, Venezuela, North Korea and Russia to the situation incomprehensible. What we have in the dry residue? German yield spread of government bonds / US demonstrates the rapid growth of 1 August. This factor has caused a strengthening of the euro at 200 n., And this trend will continue.
EURUSD recommendation: Buy 1.1184 / 1.11 60 and take profit 1.1225