Reduction of assets on the ECB's balance sheet | 07 Januari 2021

07 Januari 2021, EUR/USD

Reduction of assets on the ECB's balance sheet

EURUSD trading plan:

The ECB has published fresh statistics on the change in assets on its balance sheet. Assets fell by 37.15 billion euros, against an increase of 5.76 billion euros a week earlier. The ECB cut bond redemptions by 9.12 billion euros, which was the main reason for the reduction in assets on the balance sheet. This is a positive signal for the European currency! Additional support for the euro will be provided by a bullish rally in the oil market. Saudi Arabia announced it would cut 1 million barrels a day from production in February and March. A good signal for oil prices!

Investment idea: Buy 1.2296 and take profit 1.2350.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus