The euro-dollar continue to slide in anticipation of the symposium in Dzhekson Houl | Boris Fedotov
Euro-dollar
slide continues in anticipation of the symposium in Dzhekson Houl
A new day and a new attempt to captivate the euro EUR / USD pair is far to the north. This time the reason for the optimism of bulls
It was the publication of index of business activity in the manufacturing sector
euro zone, which was much better than expected: 59.4 against the expected
value of 57.7. To celebrate, EUR / USD shot up to around 1.1790, but the pair then headed south again.
Investors are again cautious in anticipation
Statements by heads of central banks of the United States and the European Union at the forthcoming Conference
Dzhekson Houl. The event rests so much hope that Yellen and
Draghi just have to give at least some signals that will help pair
determine the further direction and finally stop the endless
"Euro-dollar roller coaster."
Mario Draghi did not attend the Fed's last conference
three years. During the last visit of the head of the ECB has hinted that the regulator
European program is about to start QE. After that, the pair
EUR / USD quickly
I rushed to the south. At last year's symposium Janet Yellen in her usual
a very careful manner hinted about the readiness of the US economy to
increase in interest rates. That was enough to the euro-dollar has developed
the long-term downward trend. A few years earlier, the predecessor
Yellen, Ben Bernanke in a speech in Dzhekson Houl reported minimized
Fed's quantitative easing program.
As you can see, quite a few precedents in the history of that
allow Dzhekson Houl regarded as a very important event for the financial
markets. However, many analysts believe that the theme of this year's conference
- "Creating a dynamic global economy" - would allow Yellen and Draghi
his speech did not address issues the Fed and ECB policy outlook. I hope they
wrong, and officials tsetrobankov will please us important signals.
Learn how you can earn at the upcoming conference in Dzhekson Houl are https://goo.gl/N8fQWc
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