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EUR/USD Forecast: little buying interest above 1.1000

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 8, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The common currency has extended its tepid advance against the greenback up to 1.1044 before retreating some, as investors remain in cautious mode ahead of the ECB, not willing to bet too much against Draghi. Ahead of the release of the EU GDP for the last quarter of 2015, expected unchanged at 0.3%, latest data shows that German Industrial Production rose in January, up by 3.3% compared to December, and 2.2% on a year basis, spooking the ghost of economic slowdown in the country. The American

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