Trading plan for EUR/USD and GBP/USD on August 6, 2024

Back
Trading plan



Back
Trading plan


Trading plan for EUR/USD and GBP/USD on August 6, 2024


The US
dollar remains under selling pressure




The premium article will be available in
00:00:00

06.08.2024 10:25 AM






The premium article will be available in00:00:00

06.08.2024 10:25 AM




The US
dollar remains under selling pressure amidst speculations on the Federal
Reserve's further policy moves. The thing is that investors increased recession
fears. There has been active discussion about the likelihood that the Federal
Reserve might cut the funds rate by 0.50%. Besides, rumors have also emerged that
the central bank might hold an emergency meeting. This is all driven by
mounting fears of the US economy sliding into a recession. Moreover, the
recession is likely to be a profound and prolonged. Unsurprisingly, amid such
fundamentals, the




Fresh articles are available only to premium users


Read analytics in early access, getting information first
Get

Pentru mai multe detalii, va invitam sa vizitati stirea originala.