02 Diciembre 2021, EUR/USD
EURUSD trading plan:
The U.S. economy expanded at a modest-to-moderate pace in October and the first half of November while firms grappled with rising inflation and a scramble to fill jobs amid labor shortages, a survey conducted by the Federal Reserve showed. Fed Chair Jerome Powell told the U.S. Senate Banking Committee that the central bank will consider speeding up the end of its bond-buying program a few months earlier than anticipated on the back of a broadening of price pressures, accelerating economic growth, and strong job gains that have not been matched by an increase in labor supply. Traders currently see a 75% probability that the Fed will raise its benchmark overnight lending rate, currently set at the near-zero level, in June of 2022, according to CME Group’s FedWatch program.
Investment idea: sell 1.1360 and take profit 1.1300.
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