Low interest rates on dollar loans | 14 ديسمبر 2020

14 ديسمبر 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.


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.
David Johnson
Analyst of «FreshForex» company
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