Long EURUSD | $60 billion versus €20 billion
Updated
FRS began a program of buying debt securities in the amount of 60 billion dollars per month. The ECB will soon start a similar 20 billion euro per month program. At the same time, the Fed still has the opportunity to apply additional measures to stimulate the economy. Since there is an opportunity to lower the interest rate. In other words, the Fed has steps to weaken the US dollar, the ECB has none.
Trade closed: target reached
Ok. I think we have reached the goal. And we can close long position
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