REPO auctions are recognized as not held | 23 7月 2020

23 7月 2020, GBP/USD

REPO auctions are recognized as not held

GBPUSD trading plan:

There is a negative situation for the American currency in the interbank lending market in London. The three-month Libor rate, which is the benchmark for the European market, updated the four-year low. US bankers no longer apply to the Federal Reserve for short-term refinancing. The last 12 days, REPO auctions are recognized as not held due to the lack of bids - this is the maximum period this year. It is negative for the dollar, because it signals an excess of dollar liquidity in the banking system.

Trading recommendation: Buy 1.2720 and take profit 1.2759.

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.
manager photo manager photo
Online-support
我们很高兴回答您的问题

提交申请

Get bonus