The volatility of the EURUSD pair has fallen to the lowest values in recent days – the market is preparing to move.
There are still three main subjects – and none is resolved until the end: 1) the Shutdown in the US – the vote in the Senate on the way out of the budget crisis will begin in the near future; 2) the EU-Britain Agreement – it is most likely that they will accept the Labour Party’s proposal and postpone the deadline of Brexit – it’s now March 29th.
And finally (3) – the ECB monetary policy meeting: there is no reason for the ECB to change its course to super-soft policy – but even a slight deviation from the soft rate could blow up the market – the ECB’s decision on Thursday January 24th.
We are preparing purchases from 1.1415.
Alternative: sell from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
The volatility of the EURUSD pair has fallen to the lowest values in recent days – the market is preparing to move.
There are still three main subjects – and none is resolved until the end: 1) the Shutdown in the US – the vote in the Senate on the way out of the budget crisis will begin in the near future; 2) the EU-Britain Agreement – it is most likely that they will accept the Labour Party’s proposal and postpone the deadline of Brexit – it’s now March 29th.
And finally (3) – the ECB monetary policy meeting: there is no reason for the ECB to change its course to super-soft policy – but even a slight deviation from the soft rate could blow up the market – the ECB’s decision on Thursday January 24th.
We are preparing purchases from 1.1415.
Alternative: sell from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
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