Market sessions
EURUSD: market awaits Mario Draghi's press conference
On Wednesday the 23rd of January, trading on the EURUSD pair closed up. In the first half of the day, the pair was held back by cross pairs. During the US session, the pair rose to 1.1394 amid growing interest in assets with risk involved and an overall weakening of the US dollar.
The demand for assets with risk involved increased on the statements of White House chief economist Kevin Hassett, who expressed confidence that the US and China will conclude a trade agreement before the 1st of March.
Market sessions
EURUSD: breakout of the trend line
On Tuesday the 22nd of January, trading on the EURUSD pair closed slightly down. During the US session, the bulls managed to recover all their losses and hit a new intraday session high. The euro rose from 1.1336 to 1.1374 before closing at 1.1352.
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