Forex EUR/USD Daily Video, May 19, 2020

[Sive Morten]

Good morning,

EUR was positively stunned by two factors - news on vacine positive testing and approved EU 500Bln bond issue on rescue most hurted EU economies from France and Germany

 

[ForexViking]

Great rundown. I jumped on the buys when I saw the 1.08 levels being tested again, was on the wrong foot thinking sells but nice big move up to make for a bad trade at the start of the week Do you think the 2 trillion dollar stimulus for US will push it up further?

 

[Sive Morten]

Great rundown. I jumped on the buys when I saw the 1.08 levels being tested again, was on the wrong foot thinking sells but nice big move up to make for a bad trade at the start of the week Do you think the 2 trillion dollar stimulus for US will push it up further?

Well, It seems that now story stands about fundamental economy conditions and political situations on a background of covid. Liquidity injections are accepted easily, so hardly they drive markets right now...