The big picture: The market is starting a trend against the dollar. A meeting of the heads of the Central Bank and the IMF was held at the weekend. The head of the ECB Draghi was concerned about the pressure of US President Trump on the Fed as he mentioned.
A meeting of the heads of the Central Bank and the IMF was held at the weekend. The head of the ECB Draghi was concerned about the pressure of US President Trump on the Fed as he mentioned.
The issue of Fed policy will be developed in late Wednesday: The Fed will issue a Beige Book report. By the nature of the report, it will be clear what the Fed policy will be as it is already clear that the Fed's economy is slowing growth and the Fed will not raise rates for a long time.
EUR / USD: We keep buying from 1.12150 with the first target of 1.1450.
In the case of a complete turn, a downward sell from 1.1180 is suggested.
