This is a negative signal for the European currency | 24 Febrero 2022

24 Febrero 2022, EUR/USD

This is a negative signal for the European currency

EURUSD trading plan:

The European Central Bank may be in position to end bond purchases as euro zone inflation appears to be moving closer to the bank's 2% target, Philip Lane, the bank's chief economist told. With price pressures building, the ECB abandoned this month a pledge not to raise interest rates this year and policymakers are now preparing to curb stimulus, possibly signaling an end to debt buys within months and even hinting at a rate hike late this year or early 2023. "The data clearly suggest that we could be moving closer to our medium-term target," Lane told Frankfurter Allgemeine Zeitung.

Investment idea: sell 1.1280 and take profit 1.1210.

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.