The EUR/USD pair is trading around the 1.1850 at press time, representing a 0.1% gain on the day. The downside looks muted at best with investors focused on fiscal deadlock in Washington, Terence Wu, an FX strategists at OCBC Bank, reports. All in all, a move towards 1.19 is on the cards. Key quotes “EUR/USD remains the main beneficiary for the stalemate in Congress over the fiscal relief package and the lack of conviction over the US macro recovery.” “The ability to hold gains above 1.1800 suggests a grind towards 1.1900 cannot be ruled out.” “For now, expect supports at 1.1780/00.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: Negative Newsflow, Not Necessarily Catalysts; Staying Bullish Into Year-End – Citi Kenny Fisher 2 years The EUR/USD pair is trading around the 1.1850 at press time, representing a 0.1% gain on the day. The downside looks muted at best with investors focused on fiscal deadlock in Washington, Terence Wu, an FX strategists at OCBC Bank, reports. All in all, a move towards 1.19 is on the cards. Key quotes “EUR/USD remains the main beneficiary for the stalemate in Congress over the fiscal relief package and the lack of conviction over the US macro recovery.” “The ability to hold gains above 1.1800 suggests a grind towards 1.1900 cannot be ruled out.” “For now, expect supports at… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
