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EUR/USD: dovish FED sends USD into selling spiral

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1222 View Live Chart for the EUR/USD The American dollar maintained its bullish bias during the first half of the day, underpinned by a couple of economic reports early US session that pointed to some steady economic growth in the country. According to official data, Housing starts rose 5.2% in February, beating expectations, although Building Permits slipped 3.1%. Inflation in the same month, fell 0.2% as expected, but core readings surprised towards the upside

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