By Tuesday morning, there were notable events in the foreign exchange market:
EUR / USD rate jerked over the zone of 1.1490 – 1.1500 and reached the level of 1.1537.
AUD / USD rate flew the figure upward and marked above 0.7900 (look at the picture on AUDUSD – it’s beautiful, right?).
USD / CHF rate was difficult, but punctured down to 0.9600.
The pound rose again to around 1.3100.
So, the general trend against the dollar has developed.
The market is waiting for a support from the ECB on Thursday. If the head of the ECB Draghi will give an excuse to expect the ECB policy to turn away from ultra-soft, the movement against the dollar will receive a new impetus.
ECB meeting on Thursday.
We are in the purchase of EUR / USD from 1.1460 and 1.1490. The target is still 1.1580.
The material has been provided by InstaForex Company – www.instaforex.com Source: Instaforex.com
The trend against the dollar was continued.
Morning review.
By Tuesday morning, there were notable events in the foreign exchange market:
EUR / USD rate jerked over the zone of 1.1490 – 1.1500 and reached the level of 1.1537.
AUD / USD rate flew the figure upward and marked above 0.7900 (look at the picture on AUDUSD – it’s beautiful, right?).
USD / CHF rate was difficult, but punctured down to 0.9600.
The pound rose again to around 1.3100.
So, the general trend against the dollar has developed.
The market is waiting for a support from the ECB on Thursday. If the head of the ECB Draghi will give an excuse to expect the ECB policy to turn away from ultra-soft, the movement against the dollar will receive a new impetus.
ECB meeting on Thursday.
We are in the purchase of EUR / USD from 1.1460 and 1.1490. The target is still 1.1580.
The material has been provided by InstaForex Company – www.instaforex.com
Source: Instaforex.com
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