The liquidity crisis | 23 Septiembre 2019

23 Septiembre 2019, EUR/USD

The liquidity crisis

EURUSD trading plan:

We are expecting the downtrend to continue. The liquidity crisis in the US banking system signals a high demand for the dollar. At the start of the week, interest rates in the $2.2 trillion repurchase agreement, or repo, market, which banks and Wall Street dealers rely on for daily cash to fund loans and trades, were surging. As repo rates rocketed higher to levels not seen during the global credit crisis in 2008, so did CP rates. U.S. central bank began pumping billions in temporary cash into the financial system. Since Tuesday, it has injected over $200 billion via overnight repo operations.

Trading recommendation: Sell 1.1028 and take profit 1.0989.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus