Let’s have a look at the economic calendar.
EUR/USD: forecast for August 7-11
Data confirmed that the euro area’s economy expanded by 0.6% in the second quarter – an indication that the region’s economic recovery is becoming sustainable. Other figures from the area have also been bright so far. The expectations that the European Central Bank will announce reduction in its quantitative easing program in autumn are getting stronger and stronger.
Watch and find out how to trade EUR/USD and GBP/USD ahead of the ECB statement!
The market sentiment improved based on an ease of the trade war tensions between China and the US.
What if there's no uptrend or downtrend at the market? How to make money in a sideways market? FBS analyst Elizabeth Belugina will show you how to trade in ranges…