empty
 
 
cn
支持
即时开户
交易平台
入金/出金

10.04.201902:37 Forex Analysis & Reviews: The euro could soar tomorrow

Long-term review

The market has accumulated a lot of short positions on the euro. Traders sell the euro during its growth, betting that by tomorrow, April 10, the European Central Bank will confirm the "soft" prospects for monetary policy. But if this does not happen, the market will be disappointed.

Today, the EURUSD is fighting for direction, commemorating the recent bullish attempt to break into the area of 1.280. The pair is trying to assess the risks. At the moment, EURUSD has met stiff resistance around 1,280, triggering a corrective contraction amid a sideline around the dollar and growing rumors about US tariffs for products from the European Union.

Exchange Rates 10.04.2019 analysis

In fact, after Donald Trump's comments that the United States could introduce European Union product tariffs worth $1 billion, speculation began about a larger trade war that could ultimately cover the EU automotive sector.

Data on the status of retail sales in Italy is set to be released today.

The euro remains under pressure after the release of weak fundamental indicators in the eurozone and strong dollar growth in the past few weeks. Against the background of a declining risk appetite, the dollar should rise in tandem with the euro.

Svetlana Doronina,
Analytical expert of InstaSpot
© 2007-2024
立即从分析师的建议受益
充值交易账户
开设交易账户

InstaSpot分析评论将让您充分了解市场趋势! 作为InstaSpot的客户,您将获得大量的免费服务以实现有效的交易。

现在无法通话?
提出您的问题,用 在线帮助.