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The Fed's would be able to curb an outbreak of inflation

The Fed's would be able to curb an outbreak of inflation | 26 Mei 2021

26 Mei 2021, EUR/USD

The Fed's would be able to curb an outbreak of inflation

EURUSD trading plan:

U.S. Federal Reserve officials, including Governor Lael Brainard, Atlanta Fed President Raphael Bostic and St. Louis Fed President James Bullard, insisted that any inflation was transitory. «I think there will come a time when we can talk more about changing the parameters of monetary policy, I don't think we should do it when we're still in the pandemic, » Bullard said. Another negative surprise for the dollar on the interbank market in London - the three-month benchmark Libor rates have renewed their historical minimum. The surplus of dollar liquidity in the financial system is off the charts!

Investment idea: buy 1.2242 and take profit 1.2305.

David Johnson
Analyst of «FreshForex» company
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