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FX.co ★ We continue to remain at the outset

We continue to remain at the outset

As expected, yesterday the situation in the market was extremely calm. This is not surprising, since yesterday was a day off in the US, and almost no data was released. Only the pound was declined slightly, which was due to almost twofold decline in business investment. However, preliminary data on business activity indices in the eurozone showed an increase in all indicators. But the preliminary nature of the data, as well as the holiday in the US, did not lead to any changes in quotes.

Today in the US there are preliminary data on business activity indices, and, like in Europe, should also show growth. This will allow the dollar to improve slightly, but it is not significant.

The euro / dollar pair will remain around 1.1825.

We continue to remain at the outset

The pound / dollar pair will also be moving sideways, at 1.3275.

We continue to remain at the outset

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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