The prospects for the euro from the point of view of the foundation are vague.
On the one hand, it is not clear how the market will perceive a new round of uncertainty around Brexit – it would seem that the approach to Britain’s exit from the EU without an agreement is unprofitable for both Britain and the EU – but the pound is moving upward.
On the other hand, the ECB is clearly not going to speed up the issue of raising rates – but things are not very good in the USA due to the problem of the shutdown, – the Federal Reserve is clearly going to take a break.
Thus, the clearest perspective is the price movement.
We are ready to buy euros from 1.1490.
Alternative: Sell euros from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
The prospects for the euro from the point of view of the foundation are vague.
On the one hand, it is not clear how the market will perceive a new round of uncertainty around Brexit – it would seem that the approach to Britain’s exit from the EU without an agreement is unprofitable for both Britain and the EU – but the pound is moving upward.
On the other hand, the ECB is clearly not going to speed up the issue of raising rates – but things are not very good in the USA due to the problem of the shutdown, – the Federal Reserve is clearly going to take a break.
Thus, the clearest perspective is the price movement.
We are ready to buy euros from 1.1490.
Alternative: Sell euros from 1.1300.
The material has been provided by InstaForex Company – www.instaforex.com
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