Good and bad news | 12 Enero 2021

12 Enero 2021, EUR/USD

Good and bad news

EURUSD trading plan:

Three regional Fed Presidents - Richmond's Tom Barkin, Atlanta's Raphael Bostic and Dallas' Robert Kaplan - all hinted more or less clearly that the 'tapering' of bond purchases could begin toward the end of 2021. The Fed is currently pumping $120 billion a month into the economy through such asset purchases. This tone was helped by the prospect for additional U.S. fiscal stimulus after a Democratic sweep of Congress, with President-elect Joe Biden pledging Friday a new economic stimulus “in the trillions of dollars.” This is a negative signal for the euro. A bullish rally in the commodity market will have a positive impact on the value of the European currency. Investors are increasing their long positions in gold and oil.

Investment idea: range 1.2130 -1.2200.

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.