IronTrade
TOP TRADING OPPORTUNITIES
April 30 – May 1
buy
Recommendation:
These days it is better to bet on FALLING of EUR/USD
The US dollar now is more or less stable against the main currencies. At the beginning of this year, the correlation between the US dollar and the US profits was broken because investors concentrated too much on geopolitical issues. However, now this mood changed a little bit, and today it is expected that the US dollar may grow because the total yield of the US Treasury has grown up by more than 3.0%.
So, we recommend you to act based on the prediction that the EUR/USD price will decrease today.
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