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EUR/USD – Euro Slips to 4-Week Lows, Markets Await Fed Minutes

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD has posted small losses on Wednesday, continuing the trend which has marked the pair throughout the week. In the European session, the pair is trading at 1.0740. On the release front, it’s a busy day, which could result in some volatility from the pair. Eurozone and German Services PPI beat their estimates. Over in the US, there are a host of key events, highlighted by the FOMC Minutes and ADP Nonfarm Payrolls. The euro continues its downward slide in the New Year, as EUR/USD has lost

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