Hello everyone,
currently I observe the (and demo-account-trade) the EURUSD pair. Doing so I also pay close attention to the economy news. And as you may have noticed: the EURUSD skyrockets - imho like crrazy. And I don't know or understand why this is the case. According to the news most data for the US-economy are moderate or good, while the EU-economy does not provide half as solid information. Is this, what is going on, one of those "unpredictable" moments on the market? Or did I miss something important here?
Or would you say that this is the preparation for what might come on 2nd April when the ECB might cut the interest rate by another point twentyfive percentage?
Thank you, best wishes!
Curtis
currently I observe the (and demo-account-trade) the EURUSD pair. Doing so I also pay close attention to the economy news. And as you may have noticed: the EURUSD skyrockets - imho like crrazy. And I don't know or understand why this is the case. According to the news most data for the US-economy are moderate or good, while the EU-economy does not provide half as solid information. Is this, what is going on, one of those "unpredictable" moments on the market? Or did I miss something important here?
Or would you say that this is the preparation for what might come on 2nd April when the ECB might cut the interest rate by another point twentyfive percentage?
Thank you, best wishes!
Curtis
PECUNIA NON OLET