The Fed and the US Treasury together today will increase the surplus of dollar liquidity in the financial system by $43.4 billion, which will have a negative influence on the US currency rate. On the eve, the dollar was falling against the currencies of emerging markets and today it will be the turn to decline against the main competitors in the face of the euro and the pound.

It happens so often in the market that the dollar firstly falls against the currencies of Emerging markets, and then shows a fall against the currencies of developed markets. In recent days, the Central Bank of China has been actively printing money and increasing the surplus liquidity of its own currency, which will also support the euro.

Trading recommendation: Buy 1.1684/1.1659 and take profit 1.1775.