The market is looking towards the Jackson Hole | 20 Agustus 2021

20 Agustus 2021, EUR/USD

EURUSD trading plan:

Ongoing uncertainty caused by rising COVID-19 cases globally and the relentless spread of the Delta variant should be supportive for gold, which tends to rise in periods of uncertainty. This is a positive signal for the European currency, since assets are correlated with each other. U.S. Federal Reserve could begin easing stimulus this year, as minutes from its July meeting seemed to suggest. The market is now looking towards the Jackson Hole meeting of central bankers on Aug. 26-28 for further clues as to the Fed’s direction. This is a positive signal for the dollar.

Investment idea: range 1.1625 -1.1720.

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