- Análisis
- Análisis de mercado
- Opiniones de mercado
- Euro is Waiting for French Elections
Euro is Waiting for French Elections
The U.S. Dollar index
(DXY) is experiencing a slight decline of 0.3% to 105.46 points, while the
EURUSD pair has risen by 0.4% to 1.07340. This movement appears to be more of a
standard technical retreat rather than a response to the current macroeconomic
conditions.
The strong June PMI
readings from the United States should have bolstered the Greenback, but this
hasn't occurred. Instead, the EURUSD pair has reversed its earlier decline. The
Eurozone reported unexpectedly weaker PMI figures, initially pushing the EURUSD
down to the 1.06700-1.06900 range. However, the stronger U.S. PMI data send the
pair to the upside.
So, the pair could be waiting for Joe Biden and Donald Trump debate this
Thursday, or parliamentary elections in France on Sunday. Nevertheless, the
downtrend for the EURUSD has strengthened.
The support
at 1.06700-1.06900 could be too strong to be crashed on macroeconomic data
alone. So, the release of the final GDP estimate this Thursday and Federal
Reserve (Fed) favorite inflation gauge PCE index this Friday may not be enough
for the pair to dive deeper.
The upcoming debate
between Joe Biden and Donald Trump on Thursday might not have a significant
impact on the currency market. The elections in France on Sunday could be a
major event, especially if the far-right National Rally party led by Marine Le
Pen performs well. This outcome could potentially push the EURUSD below the
support level of 1.06700-1.06900, targeting 1.06000 and possibly further down
to 1.05000. Alternatively, if the support holds, the EURUSD might rebound above
1.07800, creating good selling opportunities.
©2000-2024. Todos los derechos reservados.
El sitio es administrado por Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
La información presentada en el sitio, no es una base para tomar decisiones de inversión y es proporcionada sólo con fines informativos.
La empresa no atiende ni presta servicio a clientes residentes en Estados Unidos, Canadá y los países incluidos en la lista negra del FATF.
La realización de operaciones comerciales en los mercados financieros con instrumentos financieros de margen, abre grandes oportunidades y permite a los inversores que estén dispuestos a correr riesgos a obtener altos rendimientos, pero al mismo tiempo conlleva un nivel de riesgo de pérdidas potencialmente alto. Por lo tanto, antes de comenzar a comercializar, se debe tomar de manera responsable a la cuestión de elegir la estrategia de inversión correspondiente, teniendo en cuenta los recursos disponibles.
Uso de información: al usar completamente o parcialmente los materiales del sitio, el enlace a TeleTrade como fuente de información es obligatorio. El uso de materiales en Internet debe ir acompañado de un hipervínculo al sitio teletrade.org. Importación automática de materiales e información del sitio está prohibida.
Para cualquier duda o pregunta, póngase en contacto con pr@teletrade.global.
transferencias bancarias
