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EUR/USD Forecast: bearish breakout around the corner

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 4, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR came under renewed selling pressure at the end of this Tuesday, following a speech from ECB's head, Mario Draghi. In his comments at the opening of the European Cultural Days 2015 event, in Frankfurt, he reiterated that the degree of monetary policy accommodation needs to be re-examined next December, pretty much repeating the statement of the latest meeting when it comes to monetary policy. The common currency remained under pressure afterwards, and on the selling side

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