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Main » 2018 » July » 18 » EUR \ USD forecast EUR / USD pair on 18/07/2018: American strengthened after Bernanke speech
11:20
EUR \ USD forecast EUR / USD pair on 18/07/2018: American strengthened after Bernanke speech

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the dollar strengthened after a speech by Fed Jerome Powell, who served in Congress with a report on monetary policy. Powell's tone was generally optimistic about economic prospects, which increased the confidence of market participants that the rate will be increased to two more times before the end of this year. Powell noted that the pace of economic growth in the second quarter was significantly higher than in the first. The future is also expected high growth rate, which also contributes to the financial conditions. 

 

 

EUR / USD technical analysis of the euro went up and struck 1.1645, euro steady consolidation quotes \ dollar below will vozmonost bearish on the euro to reduce the price to the level of 1.1600 and below 1.1540. When returning above 1.1720 level likely growth rate EUR / USD to 1.1830.

 

 

 

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