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FX.co ★ Evening review 03/23/2020. EURUSD. Virus does not slow down. Negative is growing

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Forex Analysis:::2020-03-23T14:15:39

Evening review 03/23/2020. EURUSD. Virus does not slow down. Negative is growing

Evening review 03/23/2020. EURUSD. Virus does not slow down. Negative is growing

The US market opened with a new decline and fresh lows on the continued growth of the coronavirus epidemic.

The US came in second place in the number of infected (35,000) after Italy (59,000).

The rate of growth of cases in the United States and the main countries of Western Europe remains above +10% per day.

Until the maximum speed of distribution is passed, the market will be in a fever.

Morgan Stanley: The fall in US GDP in Q2 may reach a huge -30% (!!!) on an annual basis.

Employment forecasts for the week: up to 500-750 thousand new applications for benefits are expected this Thursday.

EUR USD: we see a rebound to the top.

We are preparing sales from 1.0940 and higher.

Analyst InstaForex
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