On Monday morning, the euro and the pound showed a fall against the dollar.
Experts believe that the reason is due to the new problems that arose around the EU agreement – Britain on Brexit – maybe, the experts are right.
It is possible that the reason for the growth of the dollar is due to the market assessment of the Fed’s decision on interest rates: the market believes that the Fed is ready to raise the dollar rate beyond.
The fact is that the EUR / USD rate has broken down very confidently into 1.1300; however, it is necessary to evaluate the breakdown at the close of the day.
Pound: Sales from 1.2690 – or from rebounds to the top.
The material has been provided by InstaForex Company – www.instaforex.com
Trading Plan 12/11/2018
Overall picture: a new round of dollar growth.
On Monday morning, the euro and the pound showed a fall against the dollar.
Experts believe that the reason is due to the new problems that arose around the EU agreement – Britain on Brexit – maybe, the experts are right.
It is possible that the reason for the growth of the dollar is due to the market assessment of the Fed’s decision on interest rates: the market believes that the Fed is ready to raise the dollar rate beyond.
The fact is that the EUR / USD rate has broken down very confidently into 1.1300; however, it is necessary to evaluate the breakdown at the close of the day.
Pound: Sales from 1.2690 – or from rebounds to the top.
The material has been provided by InstaForex Company – www.instaforex.com
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