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EUR/USD: dollar's weakness saves the day

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0956 View Live Chart for the EUR/USD It was a bad day for the greenback this Thursday, as the American currency edged lower all across the board. After a soft start, the release of some disappointing macro figures, fueled the negative momentum of the currency, sending the EUR/USD pair up to 1.0972, its highest for the week. Services PMI in Germany and the euro area have bettered the preliminary readings for the month of February resulting at 55.3 and 53.3

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