Draghi talks down the Euro, can the US Dollar capitalize on that?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    General market theme A lack of follow-through towards any direction and the apparent weakness of the major Forex currencies remains the broader market theme since the beginning of the year. The US Dollar that was expected to play a key role in early 2016 after the Fed rate hike is finding it hard to build any momentum. The UK Pound is on the decline for a couple of weeks as well and now that BoE Carney made it clear that no rate hikes should be expected this bearish ride is to continue. What

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