Reports on the US economy show signs of slowing growth again. Thus, orders for durable goods decreased by 1.3%. Although it increased, however, very weakly by + 0.3% without transport.
On Wednesday, Trump criticized the Fed again - saying that the head of the ECB is much better at helping its economy than the head of the Fed.
This also works for the prospect of a Fed rate cut.
The market is waiting for the G20 summit in Japan, at which the Trump-China trade negotiations will be held. Trump reiterated that in the event of a non-achievement of the transaction, he will introduce new duties for 300 billion dollars of goods from China.
EURUSD: The growth trend continues despite a long stop.
We keep purchases from 1.1250.
According to technical analysis, purchases are possible from 1.1350 and from deeper rollbacks.
Possible purchases from 1.1415 in case of a breakthrough.