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EUR/USD: EUR still strong on risk-averse environment

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1392 View Live Chart for the EUR/USD The American dollar attempt to comeback this Tuesday, but was unable to sustain its gains, particularly against the EUR and the JPY, as risk aversion dominate the financial world. Poor Japanese data sent the Nikkei nose diving at the beginning of the day, as the BOJ finally acknowledged that easing economic policies are not enough. European equities plummeted, fueled by tepid EU Services and Composite PMI figures, showing

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