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Business / Finance

Exchange rates konsolidiruyutsya before the report on the labor market in the United States

MQL5: Blogs Traders 01.02.2019 at 09:59

Blogs traders and analyst of financial markets


EUR/USD currently consolidates its position near the lows of the previous session. The range is limited and levels 1.1430 1.1450. Published today data on the US labor market will yield out of range. Risk appetite remains relatively high in the broad market and was one of the main reasons why the Euro was able to limit the decline is significantly above the level of 1.14, which acted as a stable support during the week. The US dollar has recovered on a broad market amid disappointing data on new home sales. The dollar also got support on news that the trade deal between the US and China has been delayed again, despite the fact that both sides expressed optimism about progress and key issues which are solved, as expected. The President of the United States Donald trump reported on the meeting with the leaders of China and the DPRK in late February 2019. He hopes for a trade agreement during their meeting.