Euro sets the pace

Friday, 14/07/2017 | 14:51 GMT

Disclaimer

Larson&Holz analysts expect Euro to run the Forex market and set the trend for short-term trading deals.

Larson&Holz specialists see the reason of that in unclear statements given by FRS on monetary policies, failed expectations on Index growth of retail sales and consumer prices. Next week Europe is expected to give account on Index of Consumer Prices and on economic sentiments; also, sure enough, interest-rates decision will be given too.

The analysts are certain that the currency pair EUR\USD can hit the point of 1,15000 and then target the record of the previous May, which is 1,16000. After that the currency pair might be thrown back to 1,11000 in 1-2 months.

Disclaimer

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