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On Thursday, the major business media reported that the majority of Fed policy experts (75%) expects that the next action of the Fed will be a rate cut. The question is when it will happen. The Fed meeting is already on June 19.
The second main topic: the planned meeting of the US-China on trade at the G20 summit. Will the parties be able to finally find a compromise? Trump threatens to impose duties of 25% on the new $300 billion worth of goods from China. If this happens, experts predict a recession in the US economy and the world, most likely.
EURUSD: We expect continued growth.
Keep purchasing. It is possible to enter the breakdown of 1.1350 up.
Down input from 1.1199.
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