See also
19.11.2024 07:46 AMAlthough the euro demonstrated some upward movement, it was purely symbolic. This is even though the dollar is already significantly overbought. Yesterday's trading dynamics essentially confirmed that the market retains a bias toward further strengthening of the US dollar. It seems that even today's data on eurozone inflation will have little impact on this trend.
Even with expectations that consumer price growth will accelerate from 1.7% to 2.0%, the fact remains that these are final figures. Their purpose is merely to confirm the preliminary estimates that the market priced in two weeks ago. Therefore, even if the euro does manage to post gains, any growth will likely remain modest.
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
