The Fed might speed up tapering | 08 Tháng mười hai 2021

08 Tháng mười hai 2021, EUR/USD

EURUSD trading plan:

Last week Fed Chair Jerome Powell said it might be time to stop seeing inflation as transitory and hinted the Fed might speed up tapering. Traders are focused on U.S. CPI data due Friday, with a high print likely to point policy makers towards accelerating the tapering of the Federal Reserve's massive bond buying programme. The two-year yield, which rises with expectations of higher interest rates, was at 0.69%. This is a positive signal for the dollar. British drugmaker GSK said its antibody-based COVID-19 therapy with U.S. partner Vir Biotechnology is effective against all mutations of the new Omicron coronavirus variant. Also, a South African study on Tuesday suggested that booster doses of the COVID-19 vaccine produced by Pfizer Inc and partner BioNTech's could help to fend off infection from Omicron.

Investment idea: sell 1.1315 and take profit 1.1269.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .