30 Tháng bảy 2019, EUR/USD
EURUSD trading plan:
Investors are expecting Federal Reserve interest rates to fall on July 31. D. Trump calls on the Central Bank to aggressively reduce interest rates. The FED “raised” way too early and way too much. Their quantitative tightening was another big mistake. While our Country is doing very well, the potential wealth creation that was missed, especially when measured against our debt, is staggering said D. Tramp. The yield of 2-Year US government bonds fell below 1.85%. Bond yields are 0.52% lower than the Federal Reserve interest rate. This is a negative signal for the dollar.
Trading recommendation: Buy 1.1125 and take profit 1.1180.