Low U.S. government bond yields | 03 اكتوبر 2019
03 اكتوبر 2019, EUR/USD
EURUSD trading plan:
We are expecting the bull rally to continue. Negative macroeconomic statistics from the United States makes the Federal Reserve think about lowering interest rates. U.S. private sector hiring slowed more than expected in September a report by a payrolls processor ADP. The average monthly job growth for the past three months is 145,000, down from 214,000 for the same time period last year. The 10-Year U.S. government bond yield is 1.59 percent, 0.285 percent below the Federal Reserve rate. This is a negative signal for the dollar!
Trading recommendation: Buy 1.0945 and take profit 1.0968.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
