11.10.201911:30 Forex Analysis & Reviews: EUR / USD pair - it is not the euro that is getting stronger, but the dollar that is getting weaker.

Long-term review

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 far, the pair is holding above the level of 1.1000. Trade negotiations between the US and China are expected to dominate the news, while an indicator of consumer sentiment in the US is in second place. Moreover, optimism regarding the euro continues. The pair is moving forward for the third session in a row and is still well above the critical level of 1.1000. The weakness of the dollar and the growing yield of European bonds support the growth of the euro amid the progress of US-Chinese trade negotiations in Washington. On the other hand, the consumer price index In Germany increased by 1.2% year on year and did not change on a monthly basis.

Back to the list

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.