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EUR/USD Signal - US FOMC Minutes - 09 Oct 2019

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EURUSD is trading close to 1.0980 level amid growing US-Sino trade tensions. The U.S. dollar bids weakened after Fed's Powell comments. He mentioned that the central bank's balance sheet will soon expand again after it had been shrinking until August. Today's focus will be on FOMC minutes, scheduled for 18:00 GMT.

eurusd signal 09 oct 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.