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EUR/USD Forecast: no aims to change its bearish bias

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 1, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The common currency retains a weak tone this Tuesday, trading against the greenback around its recent lows below the 1.0900 figure. Data coming from Europe was mixed, with German figures being the most encouraging: German joblessness fell for a fifth month in February, down by 10K, not enough to change the unemployment rate that remained steady at 6.2%. The Markit Manufacturing PMI for the country came in at 50.5, slightly above expected, while the EU reading fell to a 12-mont low in February

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