Fear of Inflation Sent the Stock Market and the Euro Decidedly Lower

The euro weakness continued on Monday.

Forex MT4 EA That Works - Buy EUR/USD Only

The soaring U.S. yields still dominated the trading in the various markets today.  The euro headed lower.  The U.S. stock market tanked.  It was about the inflation and high yields today.

Last Friday, the job report was strong and the euro plummeted on the news instantly.  The U.S. 10-year treasury yields also rose from 2.78% to 2.84%, and prompted a steep decline in the U.S. stock market.  Although the euro bulls did try to recover the losses, but 1.2490 was as far as they could push.  It was also the level right before the U.S. job report came out.

There was not any trade from my MT4 EA today.

The strategy can be found here.

The latest result can be found here.





No comments:

Post a Comment

New MT4 EA Experiment - Buy Bullish: Set up, Rules, and Results Week 66

1 trade has been closed since the last update. ...

Popular Posts