Negative macroeconomic statistics from the United States

10 Octubre 2019, EUR/USD

Negative macroeconomic statistics from the United States

EURUSD trading plan:

We are expecting the bullish rally to continue. The United States will disappoint investors with negative macroeconomic statistics on the consumer price index today. A measure of underlying U.S. producer prices posted the biggest monthly drop in more than four years. The overall producer-price index also dropped 0.3% from August and was up 1.4% from a year earlier. This factor signals a decline in the consumer price index. Low inflation expectations will force the Federal Reserve to cut interest rates at its October 30 meeting.

Trading recommendation: Buy 1.1000 and take profit 1.1030.

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.
© 2004-2019 FreshForex - Corredor de Forex
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus