Fundamental and Analysis: Euro is still in demand!!!
Euro/ U.S. Dollar continue in their rally about the European Central Bank that want to created deflation across the Europe's nation.
More interesting is this timeframe. we have the Daily timeframe ane we formed a bearish channel, also, that mean that Euro is continue grow up throughout the time. And we hope that. For the next days, I will going to make an analysis of Euro/U.S. Dollar in weekly and watchout what we expec!!!
Fundamental Keys:
1. Euro Dollar Exchange Rate edges higher after last week's losses.
2. Euro up as safe haven rally sosftens.
3. Investors have been buying Euro following the considerable losses seen last week.
4. The U.S. Dollar safe haven rally has softened since last week but the par recovery is still limited in the Euro!!!
5. Demand for the Euro was further pressured by signs that the Eurozone, coronavirus situation was worsening, as a second wave spread across Europe.
6. Euro gains could be limited amid European Central Bank comments.
7. Christine Lagarde, president of the European Central Bank comment The Eurozone economic activity rebounded in the third quarter, the recovery remains incomplete, uncertain and uneven. The consumer spending has resumed signficantly, but consumers remain cautions owing to anxiety about their job and income prospects.
8.The U.S. Dollar could be a rally softens as US Political Uncertainty Rises.
9. The news is under pressure for tomorrow about the presidentila debta for tomorrow at night in the New York night.
In summary, we could see a limited gains for the Euro and not much, but as tomorrow at night in the New York time, we have the U.S. presidential debate and maybe, investors are option to buy U.S. Dollar, adn we could see a volatil movement, so, we need to be cautelous to pick up our earnings
More interesting is this timeframe. we have the Daily timeframe ane we formed a bearish channel, also, that mean that Euro is continue grow up throughout the time. And we hope that. For the next days, I will going to make an analysis of Euro/U.S. Dollar in weekly and watchout what we expec!!!
Fundamental Keys:
1. Euro Dollar Exchange Rate edges higher after last week's losses.
2. Euro up as safe haven rally sosftens.
3. Investors have been buying Euro following the considerable losses seen last week.
4. The U.S. Dollar safe haven rally has softened since last week but the par recovery is still limited in the Euro!!!
5. Demand for the Euro was further pressured by signs that the Eurozone, coronavirus situation was worsening, as a second wave spread across Europe.
6. Euro gains could be limited amid European Central Bank comments.
7. Christine Lagarde, president of the European Central Bank comment The Eurozone economic activity rebounded in the third quarter, the recovery remains incomplete, uncertain and uneven. The consumer spending has resumed signficantly, but consumers remain cautions owing to anxiety about their job and income prospects.
8.The U.S. Dollar could be a rally softens as US Political Uncertainty Rises.
9. The news is under pressure for tomorrow about the presidentila debta for tomorrow at night in the New York night.
In summary, we could see a limited gains for the Euro and not much, but as tomorrow at night in the New York time, we have the U.S. presidential debate and maybe, investors are option to buy U.S. Dollar, adn we could see a volatil movement, so, we need to be cautelous to pick up our earnings