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Hello community,
It is the next day after the inauguration of the president of USA - Trump and the world didn't stop turning.
I suppose that the effect on the forex is the opposite of the wining for president by Trump. Which means that the USD will depreciate and possibly EUR/USD will return to levels before the final election results. Next week there will be two FOMC events and I expect some volatility. The price can test 1.055 maybe with a spike before returning to preelection times.
Good luck…
It is the next day after the inauguration of the president of USA - Trump and the world didn't stop turning.
I suppose that the effect on the forex is the opposite of the wining for president by Trump. Which means that the USD will depreciate and possibly EUR/USD will return to levels before the final election results. Next week there will be two FOMC events and I expect some volatility. The price can test 1.055 maybe with a spike before returning to preelection times.
Good luck…
