November 11-15. Everything down except the dollar

2019-11-10

In the first half of next week, the current strengthening of the dollar may weaken a little due to the lack of important economic news. It will most likely be a small rollback. In general, trends in the Forex market will determine the statistics of the EU, Asian countries and the UK, and by the end of the week we are waiting for the next strengthening of the dollar. This is explained by the fall of the global economy. But the US economy has a greater margin of stability, therefore, it is falling more slowly than the European economy. This also coincides with the results of a technical analysis of the markets; everything indicates a strengthening dollar in the near future.
Pound movements can be unpredictable. Great Britain is in a state of pre-election race, which started on Wednesday, during which unexpected revelations and political alliances may arise.

Leave a Reply

Your email address will not be published. Required fields are marked *