CAN EURUSD REACH 1.15000?? YES, YOU HAVE SEEN IT RIGHT. LEAVE YOU TECHNICAL AND FUNDEMENTAL PREDICTIONS HERE AND LETS SEE HOW IT WILL TURN OUT TO BE
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USA 10 years interest rate is going down, from 2.15 to 1.9 right now.
The big one don't believe anymore in an improvement in economic's, they don't beleive any more that FED will raise interest rate to slowdown inflation, caused by growth. .... because there is no growth
Have a look to interest rate, follow german 10 year rate (0.31%) and USA 10 year rate (1.9%).
The difference between the two give the direction of EURUSD, both are falling for two month, but US if falling faster right now.
Get an eye there for us economic's :
- pigbonds.info
yes. it will move above 1.20 on this year.
OTHER (COMMENT BELOW)
- What does it matter.
LOL, i am not sure anyone know where is going the EURUSD
I think the big investors are just watching the economic calendar, every day,every second,
if they think the EU' economy is doing better than the US' economy, they Buy EURUSD, if the reverse they sell it
And they try to anticipate the decision of BCE and FED,
That kind of strategy
if FED engage into negative interest rate policy, (like, ECB), then EURUSD can go very high
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