Record growth in the Fed balance sheet | 19 Febrero 2021

19 Febrero 2021, EUR/USD

Record growth in the Fed balance sheet

EURUSD trading plan:

The US Federal Reserve has published fresh statistics on the change in assets on the balance sheet. Assets increased by $115.17 billion over the past week, due to a significant increase in purchases of treasury and mortgage bonds. The Fed balance has renewed its historical maximum, which is negative for the dollar. The ECB's balance has grown by €24.66 billion over the last week. The Fed is buying up more assets, which is positive for the EURUSD pair.

Investment idea: Buy 1.2087 and take profit 1.2140.

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.