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EUR/USD Forecast: bulls still rule, 1.1500 becoming more likely

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 7, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Broad dollar's weakness prevailed during the Asian session, and the EUR/USD pair reached a fresh year high of 1.1453. FOMC Minutes released late Wednesday showed that the FED is still not ready to act, as policy makers remain split about the effects of a sooner rate hike, with some considering an early hike will do more bad than good. Generally speaking, however, the Minutes failed to offer something new, as they reaffirmed hikes remain data dependant. Early on the wires, the ECB pulled

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