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EUR/USD Forecast: frozen ahead of EU data

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 19, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Despite China's data disappointed overnight, markets are in corrective move, following the recovery in oil prices above $30.00 a barrel. Fading risk aversion has helped European equities in opening higher, although the EUR/USD pair remains range bound ahead of the release of several macroeconomic figures in Europe, including the German ZEW survey and European inflation. The calendar will remain light in the US. The EUR/USD pair refuses to give up, in spite the improved mode, and the advance in

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