EUR/USD and USD/JPY hold tight ranges

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Yesterday, currency traders experienced a dull trading session. Trading in the major USD cross rates was confined to tight ranges. US market were closed in observance of the Thanksgiving holiday. The EMU lending data were OK, but didn’t change market expectations for additional ECB easing next week. European yields and the euro held near the recent lows. EUR/USD traded in a tight range just above the 1.06 big figure and closed the session at 1.0610 (from 1.0624 on Wednesday). USD/JPY hardly

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