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Low interest rates on dollar loans

Low interest rates on dollar loans | 14 December 2020

14 December 2020, EUR/USD

Low interest rates on dollar loans

EURUSD trading plan:

The U.S. Supreme Court on Friday rejected a long-shot lawsuit by Texas and backed by President Donald Trump seeking to throw out voting results in four states, dealing him a likely fatal blow in his quest to undo his election loss to President-elect Joe Biden. The decision allows the U.S. Electoral College to press ahead with a meeting on Monday, where it is expected to formally cast its votes and make Biden's victory official. A positive signal for the Euro! Low interest rates on dollar loans in the interbank lending market in London will provide additional support to the Euro.

Investment idea: Buy 1.2124 and take profit 1.2157.

David Johnson
Analyst of «FreshForex» company
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