Monday, 06.07.2020, 16:03
Free no deposit Bonus Forex
Welcome Guest | RSS
Site menu
Our poll
Rate my site
Total of answers: 40

Total online: 1
Guests: 1
Users: 0

Forex forecast and recommendations today 06/11/2020: EUR / USD - Fed versus dollar growth, GBP / USD - Negotiations of Britain and E.S. stalled, USD / JPY - Strong sales should not be expected


Euro to dollar EURUSD forecast for today 06/11/2020

The US Fed meeting was positive for the euro. First, monetary authorities revised inflation forecasts - now FOMC executives expect inflation at 0.8% this year and 1.6% next year. This factor allows you to keep the discount rate at the current level of 0.1% in the next two years. For the dollar, this is a serious negative, since during this period a negative real interest rate will be observed. The strength of the dollar has always been kept at a positive real rate, and now the Federal Reserve is preparing us for a long period of negative rates. Secondly, the Fed said that in the coming month it will continue to print money and buy assets in the current volume, to ensure the smooth operation of the credit market. This signal is also negative for the dollar, as it will lead to a serious increase in the money supply.

EURUSD recommendation: Buy 1.1335 / 1.1310 and take profit 1.1421



Views: 23 | Added by: mik | Date: 11.06.2020 | Comments (0)

Log In
«  June 2020  »
Entries archive
Site friends
Copyright © 2020-2012Website builderuCoz