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!
EUR/USD
The EUR/USD pair rose steeply on Thursday, showing the biggest daily growth in many months.
The increase came after the ECB's decision to raise interest rates by 25 basis points to 4.00%.
The European Central Bank has once again had to lift rates due to high inflation. At the same time, the European regulator expects economic growth to accelerate in the second six months of the year. The bank intends to increase rates again at a meeting next month. Meanwhile, the US Federal Reserve has made it clear that it may not raise rates at its next meeting.
We buy EUR/USD until the level of 1.1100 while monitoring its price changes.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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