Good and bad news for the euro | 08 Agosto 2019

08 Agosto 2019, EUR/USD

Good and bad news for the euro

EURUSD trading plan:

Good and bad news for the euro. The good news is the strong growth of gold prices. Precious metal to test a maximum of the last six years! Gold and the Euro are correlated. The yellow metal received support this week amid escalating trade war between the U.S. and China. U.S. President Donald Trump threatened to impose from Sept. 1 a 10% tariff on hitherto untaxed Chinese imports of $300 billion last week. The bad news is the up US government bond yields. Yield of 10-Year US government bonds up 0.04, to the level of 1.73%. There is a technical correction in the government bond market. This is a positive signal for the dollar.

Trading recommendation: range 1.1180 -1.1250.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus