25 Tháng Mười 2023, EUR/USD
EURUSD trading plan:
Euro zone business activity took a surprise turn for the worse this month as demand fell in a broad-based downturn across the region, a survey showed, entering the fourth quarter on the wrong foot and suggesting the bloc may slip into recession. Tuesday's purchasing managers' survey will likely make disappointing reading for the European Central Bank, which meets, and market pricing now suggests ECB President Christine Lagarde's 'higher-for-longer' interest rate narrative may not last as some expect. The flash PMIs mark a poor start to October for the euro zone, especially after showing some early signs of recovery in September.
Investment idea: sell 1.0650 and take profit 1.0550.
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