EUR is strongly against the USD, but it is very surprising that the EUR exchange rate is strong in the last few days, if we look at the previous month, we can see on the chart that USD had a strong growth in the last three days of June, while this is not the case in July.On Wednesday we have a FOMC meeting, the unchanged interest rate expected of 2%, now expected or confirmed 2%, is likely to create a pressure on the USD.EUR is firmly held and should expect a strong boost in August, also GBP should go up strongly after BOE raised (expectedly) the interest rate from 0.50 to 0.75%.
Translate to English Show original