The EUR/USD rally stopped again in the area of 1,160-1.165 and it is plausible that the markets require a more convincing macroeconomic history (probably from the USA. UU.) Instead of the mere de-escalation of the geopolitical risks for an upward break, says the FX analyst of Ing French Pesole.
EUR/USD maintains predominantly as a history of the USD
“A lot of focus on Europe is at the top of NATO ongo It has limited any enthusiasm for a coordinated increase in spending. “
“That said, the EUR/USD remains predominantly a history of the dollar, and the obvious displeasure of the market towards the dollar – confirmed by the limited profits during agitation in the Middle East – means that the bullish potential remains intact.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
