17 September, 2019

No chance for EUR after FOMC meeting on 18 September

Vladimir Ivanov
EN

The bulls had no chance, after ECB decision to launch quantitative easing. Tomorrow FOMC meeting will probably bring another decrease of the fund rate, but it won’t help EUR to increase. Economy of the US is much stronger and EUR/USD reflects this.

EURUSD price chart
EURUSD price chart

 

 

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