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FX.co ★ Evening review for EURUSD for 12/12/2019

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Forex Analysis:::2019-12-12T16:06:09

Evening review for EURUSD for 12/12/2019

Evening review for EURUSD for 12/12/2019

The euro gained momentum last night after the Fed. Despite the Fed's decision to leave the rate unchanged at 1.625% - buyers went up the level of 1.1115.

The next obstacle is 1.1180 (on the way up).

On the ECB's decision to leave rates unchanged, the euro made a new attempt at growth, while uncertain.

We can say that the speech of the new head of the ECB, Christine Lagarde, did not make a strong impression on the market.

The market is waiting for data on the elections in Britain - late tonight.

A conservative victory will help the euro and pound rise.

We keep purchases of euros from 1.1035, purchases from kickbacks are possible.

Analyst InstaForex
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