The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
The market has accumulated a lot of short positions on the euro. Traders sell the euro during its growth, betting that by tomorrow, April 10, the European Central Bank will confirm the "soft" prospects for monetary policy. But if this does not happen, the market will be disappointed.
Today, the EURUSD is fighting for direction, commemorating the recent bullish attempt to break into the area of 1.280. The pair is trying to assess the risks. At the moment, EURUSD has met stiff resistance around 1,280, triggering a corrective contraction amid a sideline around the dollar and growing rumors about US tariffs for products from the European Union.
In fact, after Donald Trump's comments that the United States could introduce European Union product tariffs worth $1 billion, speculation began about a larger trade war that could ultimately cover the EU automotive sector.
Data on the status of retail sales in Italy is set to be released today.
The euro remains under pressure after the release of weak fundamental indicators in the eurozone and strong dollar growth in the past few weeks. Against the background of a declining risk appetite, the dollar should rise in tandem with the euro.
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