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EUR/USD Forecast: dollar rules, sell the spikes

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair plummeted for a third week in a row, down to 1.0703 this Friday, amid a shockingly positive US employment report. Ending the week at levels not seen since late April and below the 1.0800 level, the pair seems to have set the tone for the rest of the year, or at least, until the December FED's meeting, as all of the ongoing dollar's strength is based on speculation that the US Central Bank will raise its rates then. The US managed to add 271,000 new jobs in October,

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