Good news and bad news | 16 Septiembre 2019

16 Septiembre 2019, EUR/USD

Good news and bad news

EURUSD trading plan:

Good news and bad news for the Euro. The good news is a bullish rally in the oil market, as the euro correlates with BRENT. Saturday's attacks on key Saudi Arabia processing plants will test the world's ability to handle a supply crisis as it faces the temporary loss of more than 5% of global supply from the world's biggest crude exporter. The bad news is the increase in U.S. government bond yields. The 10-year bond yield is 1.88%. Traders do not like the ECB's soft monetary policy. This factor contributes to the inflow of capital into U.S. assets.

Trading recommendation: range 1.1010 -1.1110.

TRADE METALS WITHOUT SWAPS!

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.