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Business / Finance

Forex forecast and forecast of the cryptocurrency on 13 – January 17, 2020.

MQL5: Blogs Traders 11.01.2020 at 15:44

Blogs traders and analyst of financial markets

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

– EUR/USD. As you know, life is like the Zebra stripes after white comes black, and then Vice versa. It happened this time: after a fun-filled Christmas holidays came the anxious anticipation of full US war with Iran. But after a few days it became clear that both sides want to avoid full-fledged conflict and tensions in the geopolitical field gradually went into decline that was visible in the oil quotations.

To the U.S. dollar last week, at first everything went well. The American currency has grown thanks to new record highs on the US stock market and the optimistic statements by leaders of the Federal reserve. So, the President of the Federal reserve Bank of Richmond Thomas barkin said that the country's economy and the labor market in the United States look strong. And according to the Vice-President of the Federal reserve Richard of Clarity, the current monetary policy of his organization is fully consistent with the state of the economy. According to forecasts, the GDP growth of USA in 2020 maybe