Good and bad news | 14 августа 2020

14 августа 2020, EUR/USD

Good and bad news

EURUSD trading plan:

Good and bad news for the European currency. We can expect a decline against the background of positive statistics from the United States. We will receive data on retail sales for July, which may delight investors with strong growth, as the labor market improves in the States. The number of unemployed is declining, and low inflation is driving up consumer spending. This is a positive signal for the dollar! The Federal Reserve has published a schedule of government bond buybacks for the coming week. The maximum volume is today. This is a positive signal for the euro!

Trading recommendation: range 1.1740 -1.1822.


Мнение автора отражает его личное видение и не является инвестиционной рекомендацией. Компания не несет ответственности за любые результаты торговли, основанные на предоставленных аналитических данных.
David Johnson
Analyst of «FreshForex» company
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