EUR/USD Forecast: bearish case building up into 2016

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 18, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The EUR/USD gave back all of its previous week gains and sunk down to the 1.0800 region following the decision of the US Central Bank, to raise its rates by 25bp. And while the move has been largely anticipated, the dollar surged anyway against most of its rivals. The common currency enjoyed from a couple of weeks of joy, as Mario Draghi offer a much softer extension of its easing program that what the market was expecting. Now, as the imbalance between both Central Banks has become more

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