- Ever / USD The price turns head to 1,2000 as the US dollar weakens.
- Trumps of criticism fed and moving the expectation speed of expectations.
- The folding deadline of tariffs and Dovish Fed can push the euro further.
EUR / USD The price expands its winning array on Thursday Thursday, to the highest level of September 2021. years, above 1,1700 mark. The rally was primarily launched by the weakness of dollars due to Trump criticism of President Fed and his potential replacement announcements, as well as de-escalation in the Middle East.
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According to the VSP report, President Trump could appoint a new food chair as soon as September or October, he stops in May 2026 a few months ago. Years. Such an announcement as “announcement as” Hrom’s duck “, weakens the wounded rates. According to Customs, the Fed Customs, the chances of mitigating monetary policy are now expecting another 20-bound speed at the end of the year.
Accommodation in the expectations of Fed at the rate left the US dollar vulnerable. Although the central bank is not yet facing reduction, the narrative market continues to develop. Although the ratio between interest rate interest rates in the United States is not always consistent, a persistent breeze of political creators gives enough space for the euro.
Adding a dollar weakness, a period of tariffs 9. July relies on little without progress. The Trump’s unpredictable position on trade policies remains the leader for USD. In case of imposition of the tariff, the dollar can be further mitted, but this will be a risk for global growth.
According to ING analysts, EUR / USD is basically strong enough to test the level 1,1800, while staying above the area 1,1700. The likelihood that hit 1,2000 psychological markings is also high.
While the data of the eurozone is rare and ECB is currently remaining awarded, the euro stimulates the power of weakness in the dollar because of political and monetary insecurities in the United States. Markets are now focused on US K1 GDP data and a US-core PCE report.
EUR / USD Price Technical Analysis: Customer Company for 1,2000
The four-sea card for EUR / USD depicts a strong bias for Bulle with key SLAS (20, 50, 100 and 200) lying on one above the other. Interruption of the prior high-sized swing, followed by a higher level 1,1700, is a higher risk on top, which led to the level 1,1800. The medium-term goal and psychological score of 1,2000 can be tested earlier than expected.
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However, the RSI lies in the extreme surface transmitted transmitted, which can start raising profits. The pair can be returned to the level of 1,1700 in front of the resistance that has turned into support in 1,640.
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