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12.02.201909:56 Forex Analysis & Reviews: USA: There will be no second shutdown on February 15

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This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

So, there will be no shutdown. Details of the compromise will be known later, how the issue with the wall with Mexico and other details was resolved, but the abolition of the shutdown is positive for the markets.

The second worrying point is that the EU-UK agreement is still in poor condition. Today, February 12, British Prime Minister Theresa May should make a statement and offer some options. Experts believe that the most likely option, Brexit will be postponed for some time, to allow the British authorities to agree on an agreement with the EU.

Euro: On Monday, a downward trend signal was received, a breakthrough of 1.1285 down.

We are waiting for the continuation of the movement.

Exchange Rates 12.02.2019 analysis

Jozef Kovach
Analytical expert of InstaForex
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