Do not anticipate a major break of the lows in the EURUSD pre-Draghi

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 1, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The Day So Far Positive start to the day, carrying on from the broadly positive Asian session as investors looked beyond another weak Chinese Manufacturing PMI to ensure December got off to a bullish start. The willingness of markets to shrug off the PMI data, where both the official reading and the private one came in at sub-50, suggests that the slowdown in the world 2 or slightly below, has largely been priced in and markets are looking ahead to the other main events later on this week.

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