EUR/GBP holds near the recent lows

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dollar holds strong On Friday , there were no eco data with market moving potential in Europe and in the US. ECB Draghi reiterated that the ECB will do everything needed to reach its inflation target. EUR/USD returned below 1.07 after his quotes. Later in the session, the dollar was again better bid. 2‐yr interest rate differentials between the US and Germany hit a new cycle top at 131 bps. EUR/USD came within reach of the recent low, but a real test didn’t occur (yet). The pair closed the

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