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EUR/USD: dollar's weakness still the main market theme

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1368 View Live Chart for the EUR/USD The EUR/USD pair extended its weekly rally up to a fresh yearly high of 1.1453 during the Asian session, dominated by broad dollar's weakness as the yen soared to fresh multi-month highs against its American rival. The European opening however, saw the dollar clawing back with the EUR/USD pair retreating towards the 1.1360/70 region, its comfort zone ever since the week started, as ECB officers defended the ongoing easing policy and

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