EUR/USD Forecast: bullish, despite dollar's weekly gains

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The American dollar managed to recover some ground this week, except against commodity-related currencies, which advanced on the back of strong comeback in worldwide stocks. In fact, it was the same reason which supported the greenback, as quite constructive Chinese data spooked fears of a global slowdown, at least temporarily. Nevertheless, dollar's gains are far from suggesting that its bearish trend is over. In fact, the negative tone of the greenback will likely persists until the upcoming

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