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MatrixBits
3 mar 2020 04:37

EURUSD - Strong sell rate cut coming soon to EURO to 1.07 Short

EUR/USDOANDA

Opis

EURUSD - Strong sell rate cut coming soon to EURO to 1.07 or lower.

ECB Money markets at all time lows, and ECB could be closer to providing a rate cut. The current rate is -0.5% and the virus is affecting factories and suppliers. A rate cut would help improve the economy and fix the prices on internal stock investments. For the dollar the economy is still in a very strong state, and coming off of extremely bullish highs. We may see a large jump on the USDollar as the economy starts to return hinting not needing any cuts. Which I doubt they will cut the rate as economy is still good in America.
Komentarze
transparent-fx
I will be looking at it from this perspective
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