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Mauzo: Daily Market Analysis from ForexMart

  1. #431 Collapse post

    Re: Daily Market Analysis from ForexMart

    EUR/USD. July 10, 2020 – The dollar is strengthening after the release of labor market data

    The pair EUR/USD on Friday shows a recovery to the level of 1.13 after falling to 1.1250. Yesterday, it became known that the US Supreme Court allowed the New York attorney to receive D. Trump's financial statements, which poses certain risks for him on the eve of the presidential election.

    Market participants also drew attention to the growing number of cases of new coronavirus diseases in the United States. In some states, the country reintroduces quarantine restrictions.

    Yesterday, the States presented data on the labor market: the number of claims for unemployment benefits for the week amounted to 1.314 million, a decrease of 99 thousand, better than the forecast. Today, attention should be paid to data on producer prices, the decline rate of which should slow down from -0.8% to -0.6%. If the forecasts are confirmed, the US currency will be able to complete the week on a major note.

  2. <a href="https://www.instaforex.com/company_news">Forex Spain</a>
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