Market is making a pause before G20 and OPEC – non-OPEC

G20

EURUSD

The pair, probably, laid to the floor. Yesterday EURUSD stabilized around 1.1260 level, and it continues to trade there today. Hesitations of market participants can be explained: they do not have ideas for the further trend development or drastic break of growth to the decline side. Meanwhile, nobody wants to run into the future since the weekend will bring too many official multinational meetings. Continue reading