Daily Free Forex Signals For 29/06/2020
rfxsignals December 30, 2020 No Comments

The Euro is going higher and higher. Overview for 30.12.2020


EURUSD is keeping its positive momentum in the middle of this year’s last trading week.

The major currency pair is looking good on Wednesday. The current quote for the instrument is 1.2281.

Those few investors, who are still on the market, remain quite positive but it’s not difficult due to celebrations of the catholic Christmas and New Year.

Another positive factor is the start of vaccination against the coronavirus in Europe and that’s an excellent reason for market players to buy. Europeans are very committed, that’s why there is a hope that lockdowns may be canceled much earlier than expected, thus helping economies to recover faster.

The Treasury Currency Report published by the USA yesterday didn’t leave any impression on market players.

Later today, one should pay attention to the Chicago PMI, which may fall to 56.6 points in December, and the Pending Home Sales, which may add 0.1% m/m in November after losing 1.1% m/m the month before.