MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

The single currency may well surprise growth, the pound will continue to fall without surprises

analytics5bf2840dc81e1.jpg

The euro is one of the few who lost to the dollar, minus 0.1 percent, despite the fact that it has been steadily holding on for the last four trading sessions, despite the weaker economic data. In general, the single currency looks good. Since November 13, the euro rose by 2.7 percent against the pound, in this case, the uncertainty about the deal with the UK plays into his hands.

wEiFaKiuWJBNVJWJROHb1sNRuHmmzT_aeYvtyCxC

The main engine of growth remains exclusively antidollar flows and risk appetite, and there is every reason to expect continued growth this week, despite the weakness of the PPI report in Germany or PMI in the eurozone. The British pound, which fluctuated around $ 1.2832, is still undergoing a strong sell-off amid the turmoil caused by the failure of the project of British Prime Minister Theresa May.

1it_UU_Pf7xqAtDv4lVqjrd7lRE0U0x2zYd6Eeit

It is expected that the currency will remain under this pressure until the market gets more clarity regarding the progress of the Brexit transaction. And hope for it in the near future is not necessary. Prime Minister May's draft agreement, which was publicized, was criticized, several ministers even resigned in protest. Since local lawmakers are unhappy with the draft agreement, it is unclear whether it will be able to get the support of parliament, which increases the risk that Britain will leave the EU without a deal.

5s56HzN3EhY5EFvOD7GOwYL98w86QrAbLlPbblpf

The material has been provided by InstaForex Company - www.instaforex.com