The soft landing for the economy | 16 Septiembre 2022

16 Septiembre 2022, EUR/USD

The soft landing for the economy

EURUSD trading plan:

Many market participants believe that recent data including this week's surprise increase in consumer prices in August is likely to give the U.S. central bank enough reason to announce a third consecutive 75-basis-point rate hike next Wednesday. And applications for unemployment insurance dropped for the fifth straight week, suggesting demand for workers remains healthy. The data illustrate the many economic cross currents the Federal Reserve is navigating as it attempts a soft landing for the economy while pressing harder on the monetary policy brakes to stamp out the fastest inflation in a generation. Worries of a gas crisis in Europe due to the war have seen the bloc's leaders scramble to introduce support measures for companies and citizens.

Investment idea: sell 1.0025 and take profit 0.9930.

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