The negative signal for the U.S. currency | 19 3月 2020

19 3月 2020, EUR/USD

The negative signal for the U.S. currency

USDJPY trading plan:

In the United States, the Federal Reserve rolled out its third emergency credit program in two days, aimed at keeping the $3.8 trillion money market mutual fund industry functioning if investors made rapid withdrawals. On Sunday, the Fed slashed interest rates to near zero and pledged hundreds of billions of dollars in asset purchases, while President Donald Trump's administration drew up a $1 trillion stimulus and rescue proposal. This is a negative signal for the U.S. currency.

Trading recommendation: Sell 109.10 and take profit 108.60.

David Johnson
Analyst of «FreshForex» company
同意该评论吗?
交易员的评论:
Close
授权
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.