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Events today:

11:30 MSK. United Kingdom: Unemployment rate for July.

11:30 MSK. United Kingdom: Changes in the level of average earnings for July.

The euro exchange rate against the dollar forex forecast for EURUSD today 09/10/2019

The euro is now interesting for sales for two reasons. Firstly, in the debt market, a decrease in yield spreads of government bonds of Germany / USA and Germany / UK. This factor has traditionally indicates a decrease in quotations of the single European currency. The ECB Thursday will hold a regular meeting on monetary policy, which may announce the reduction of deposit rates and the launch of QE program by 30 billion euros - that such a scenario is expected to investment banks. Secondly, it has a strong correlation with gold, which shows a downward trend against the background of capital inflows in the stock markets.

EURUSD recommendation: Sell 1.1058 / 1.1075, and take profit 1.1000



Views: 221 | Added by: mik | Date: 10.09.2019 | Comments (0)

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