EUR/USD at the 1.3800 level.
- Thread starter fxstrategist
- Start date
sherif fares
Corporal
- Messages
- 451
today is the big day interest rate
yes and we are going to see more drop of eur/usd so much weak on eur
We had Consumer confidence in the United States rose to a 7 year high reading of 90.9 in July and Data from Germany indicated that the import prices rose less than expected in June recording a 0.2 percent rise today so far. We are trading at 1.3380, what's next target?
sherif fares
Corporal
- Messages
- 451
i think the bulls are trying to push back the price over 1.34
honeill
Sergeant
- Messages
- 1,126
The EURUSD eased to trade at 1.3381 and continuing its downtrend even though German employment data was positive but a slight miss in annual CPI might push the ECB to add more stimulus at its next meeting.
The Federal Reserve reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymakers took note of both faster economic growth and a decline in the unemployment.
The Federal Reserve reaffirmed it was in no rush to raise interest rates, even as it upgraded its assessment of the U.S. economy and expressed some comfort that inflation was moving up toward its target. After a two-day meeting, Fed policymakers took note of both faster economic growth and a decline in the unemployment.
