European Central Bank President Mario Draghi's comments on monetary expansion and interest rates yesterday, after the pigeon-toned statements worth losing Euro assets today continued to be suppressed after the ECB authorities announced. According to the statements, the President of the Central Bank of Austria and ECB Board Member Ewald Nowotny was the second president of the year 2019.the euro's depreciation against the dollar attached to the Fed's interest policy while he said he had not seen any interest increases before the quarter. Francois Villeroy, President of the Central Bank of France and ECB member of the Board, said the monetary policy would continue to be expansionary, adding that commercial tensions increased uncertainty. Villeroy also said net asset purchases should end by December and that the first interest rate increase could come in the summer of 2019. On the U.S. side, however, there is no further development of trade wars with China as of now, but on Friday, the European Union has pointed out that it will retaliate against additional tariffs imposed by the United States. On the other hand, the downward trend observed in the return curve after the Fed's interest rate increases continues to be the subject of discussions on the market side. The rest of the day will be followed by current house sales data from the United States, as well as commentary by Fed President Jerome Powell. In addition, bond market movements, trade wars and technical pricing may be important in parity volatility.In this context, we look at prices just above the support level of 1.1580 for the time being, and if it goes below, the rising trend line (approximately 1.1510 to 1.1485) that we have followed since the beginning of 2017 may become the target. Resistance levels are 1.1630, 1.1655 and 1.1685.
