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Business / Finance

Forex forecast and forecast of the cryptocurrency on 05 – 09 November 2018.

MQL5: Blogs Traders 03.11.2018 at 11:43

Blogs traders and analyst of financial markets

First a few words about the events of the past week:

– EUR/USD. Recall that by a small margin (55% vs. 45%) experts voted for the further strengthening of the dollar, naming as targets recorded on August 15 annual low of 1.1300. The forecast has come true on 100%, and the last day of October, the rate hit bottom at this level, helped by the optimism of the President of the United States regarding negotiations with China. However, in contrast to D. Trump, Larry Fink, the head of one of the largest investment funds BlackRock, said he expects start of full-scale trade war with China in the coming weeks.