Tuesday, May 29, 2018

Preferred Strategy: for EUR/USD: Eurzone money markets significantly reduced rate-hike bets - Reuters

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According to (Reuters) -Euro zone money markets have significantly reduced their expectation for a European Central Bank (ECB) rate hike in June 2019, mainly in response to the Italian political tensions and slow economic  growth.

The chances of a June 2019 rate hike has to 30% after having been at about 60% last week 

Preferred Strategy: for EUR/USD: Open Sell positions at highest points possible.


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