Good and bad news | 31 Maret 2021

31 Maret 2021, EUR/USD

Good and bad news

EURUSD trading plan:

European shares headed towards record highs on Tuesday on hopes of a vaccine-driven economic recovery. Bank stocks jumped 2.0%, rebounding after a 1% drop on Monday, as U.S. and European government bond yields rose on hopes of stronger economic growth and inflation ahead. This is a positive signal for the euro! The sell-off in the gold market will have a negative impact on the value of the European currency, as the assets are correlated with each other. Gold has declined more than 3% so far this month and 11.4% during the quarter. There is a relationship between the yield on US 10-year Treasuries and gold in the market. Gold depreciates during periods when bond yields rise and inflation in the United States rises. The bond yield is 1.74%, and inflation on the PCE indicator is 1.5%.

Investment idea: range 1.1685 -1.1780

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