The focus is on Trump's trade wars primarily against China. (Also, there is still a war against Mexico and a possible war against the EU).
Over the weekend, Morgan Stanley made a forecast that in the event of another wave of increase in the US duties against China and the response of China - the US would fall into recession in the next 9 months. China threatens to retaliate against the United States - especially after the United States has persecuted Huawei company.
EURUSD: Possible upward reversal.
We are ready to buy the euro from 1.1220
We are also ready to sell the euro from 1.1105
The material has been provided by InstaForex Company - www.instaforex.com