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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.

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Being at current levels, the euro is greatly undervalued. Growth is inevitable!

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Euro shows the character and was able to recover after the strike, which sent to the level of a three-month minimum. The single European currency rises in price against the background of excellent data on the region's trade with China and hopes for progress in trade negotiations; these factors increased investors' appetite for risky assets. The Australian dollar - one of the main barometers of demand for risk - has risen in price by more than half a percent. Even the data showing that the German economy stalled in the fourth quarter of 2018 could not pull the euro to the bottom. It seems that the fall of the euro by almost 2 percent in the first six weeks of the year was already too exaggerated. The current levels already include a lot of bad news for the euro, and even with a margin. It was expected that the expiration of the option in the amount of 1.2 billion dollars at 1.13 dollars per euro will keep the euro spot market in a narrow range.

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The Australian dollar - a very accurate indicator of risk appetite - increased by 0.6 percent, to 0.7132 dollars, and showed the best three-day series of growth this year. Bloomberg reported that President Donald Trump is considering the possibility to postpone a further 60 days to the deadline for resolving trade disputes with China, citing sources familiar with this issue. On Wednesday, Trump said the talks "are going very well." If this happens, the euro will continue to recover.

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