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EUR/USD Forecast: correcting, but still bullish

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 12, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair eased some of its recent gains as market sentiment somehow stabilized during the Asian session. Data released in Europe has been relatively weak, as during the last quarter of 2015 the EU grew just 0.3%, as expected, while industrial production in December, plunged 1.0% compared to a month before, and by 1.3% yearly basis. Also, inflation in Germany rose by 0.5% in January, matching expectations, whilst local GDP showed a moderated grow, up 0.3% in the last quarter of

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