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EUR/USD: dollar keeps plummeting

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1242 View Live Chart for the EUR/USD The EUR/USD rallied up to 1.1337 this Tuesday, as the dollar keeps plummeting on risk-averse sentiment trading. Worldwide stocks extended their decline as oil prices fell over 4% mid American afternoon, and major pairs traded accordingly, with macroeconomic data being mostly ignored all through the day. This Wednesday, FED's head, Janet Yellen, is due to testify on the Semiannual Monetary Policy Report before the Congress, and the

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