Currency traders are looking towards ECB policy meeting on Thursday. EUR/USD is struck in a range. When it comes to the single currency, Rosenstreich thinks we could see some short-term wobbles, but supposing the ECB decides not to act on Thursday, the euro-dollar exchange rate will still be stuck in a trading range of $1.34… Continue reading EUR/USD Downtrend Appears To Be Strong
Tag: eur/usd
EURO Surprising The Market With It’s Continued Rise After ECB Press Conference
A lot of analysts are scratching their heads on the continued rise of EURO after the ECB Press Conference in which Mario Draghi set the interest rates negative for the bank deposits. EUR/USD initially dropped then it started rising. All the signals are for a bullish EUR/USD.; Now all eyes are set on the US… Continue reading EURO Surprising The Market With It’s Continued Rise After ECB Press Conference