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January, 20 - USD is growing stronger

What is the overall situation in the world for today? Well, there is a question of the strength of USD. Last week we saw a very uneven performance from the greenback even though the currency should have been surging after the news about trade deal signing broker. But, that was hardly the effect. For several days USD was hesitant and traders preferred to exercise caution when trading with USD-led couples. But what about new week and new page in USD trading?

 

usd 20.01.2020

 

Well, as we can see the week is starting off on a high note for the American national currency. We are hoping that this growth is going to be extended as we want to have the opportunity to earn with such couples as USD/CAD and USD/JPY. But there is a sure downside to this growth – strong greenback is going to push on all of the other currencies, especially on pound – the one that is going to suffer from political changes pretty soon.

 

As I have already said, the week is going to be very turbulent. Today is relatively calm because of the Columbus Day celebration in the United States, but starting tomorrow every day is going to be marked with important reports and discussions. That means that today is our last opportunity to relax for the entire week. If you prefer calm trading without any unexpected movements, today is your day. Otherwise, the next 4 days are going to be very interesting.

 

Do not worry – your trading is safe with our trading signals!

 

 

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