empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

07.06.201907:24 Forex Analysis & Reviews: Burning forecast 06.07.2019 EURUSD

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.

On Thursday, the main event of the week for the euro was held - the ECB meeting.

The ECB did almost everything to prevent the euro from rising: the ECB left rates at record lows. The head of the ECB said that the rate increase was postponed at least until mid-2020. In addition, members of the ECB discussed the option of lowering rates in the event of a deteriorating economy.

However, an attempt to reduce the euro at the ECB was immediately interrupted, and the euro closed the day at 1.1274

EURUSD maintains growth.

We keep buying from 1.1190 and from 1.1220

Possible purchases from 1.1240

Exchange Rates 07.06.2019 analysis

Dean Leo
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.

Turn "Do Not Track" off