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EUR/USD Forecast 2016: Central Banks' arm-wrestling won by the FED

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    ECB and FED sealed EUR/USD's fate 2015 has been indeed the year of the Central Banks, particularly when referring to the EUR/USD pair. It was right at the beginning of the year when both Central Banks' leaders promised measures in completely opposite directions: the US Federal Reserve ended its facilities programs in October 2014 and began then announcing a "back to normal" run that was finally fulfilled in December with a rate hike of 25bp. The ECB on the other hand did the "whatever it

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