Good and bad news for the Euro | 07 Noviembre 2019

07 Noviembre 2019, EUR/USD

Good and bad news for the Euro

EURUSD trading plan:

Good and bad news for the Euro. The good news is positive macroeconomic statistics from Germany. German industrial orders rose more than expected in September. Contracts for German goods rose 1.3% from the previous month, helped by increases in both domestic and foreign demand. The data showed a 1.6% rise in domestic orders and 1.1% increase in foreign contracts. The bad news is the decline in the value of black gold, as the Euro correlates with BRENT oil. Oil prices slipped after the Energy Information Administration reported that U.S. oil inventories rose much more than market expected. The EIA said oil stockpiles rose by 7.9 million barrels.

Trading recommendation: range 1.1030 -1.1110.

TRADE OILS 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