empty
 
 
21.02.2019 09:29 AM
Reasons for optimism

1. Progress has been made on the EU agreement - Britain on life after Brexit. On Wednesday, February 20, the EU (Juncker) - Britain (May) negotiations took place. The EU seems ready to make new concessions to Britain to help May pass an agreement through Parliament. Today, February 21, the continuation of negotiations is expected, a key vote in the British Parliament is scheduled for February 27.

2. The Federal Reserve made it clear that in the near future - perhaps at the next meeting - it would decide to stop reducing its balance sheet - that is, not reducing the money supply - this is equivalent to easing monetary policy.

3. Progress has been made at the US-China trade negotiations — the parties are going to sign a joint declaration as the basis for the continuation of the negotiations. Trump postpones a new increase in duties on goods from China.

All this can cause a rise in the European currency.

This image is no longer relevant

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback