April 15th, European session

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In trading in Europe, major currencies are trading in positive territory. The euro and the Swiss franc remain in the red, which are correcting after strengthening on Wednesday. Despite the weakening of the euro in the EUR / USD pair, the upward movement remains with the target of 1.20+ on the improving outlook for the eurozone and trends in the yield of US and eurozone bonds.

After the release of American statistics, the yield on 10-year Treasury bonds fell from 1.618% to 1.59%. The fall in profitability stimulates the movement of gold and the decline in the dollar index. The euro rate rose from 1.1956 to 1.1976. Gold has risen in price to 1,755. Activity in the crosses with the euro is low. The euro is weak against the Aussie and New Zealander. If demand in crosses rises, wait for the 1.20 test.

Posted Using LeoFinance Beta



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