Forex rate of EUR \ USD EUR / USD forecast for today 05/14/2018
In the absence of important macroeconomic statistics today formed a mixed background.
On the one hand, it is possible to expect growth of quotations of the euro against the background of positive dynamics of the debt market, where the yield differential on 10-year German and US government bonds demonstrates growth. On the other hand, we are seeing a corrective decline in gold and oil, which will adversely affect the value of the single European currency, due to the direct correlation tools. In my view, the upward trend in gold and oil will continue, but at first we will see a correction down.
EUR / USD recommendation: Flat 1.1 930 -1.1990.
Company analyst FreshForex