EUR/USD Forecast: waiting about to end

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 16, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The EUR/USD trades around its weekly low in the 1.1070 region, not far from the 1.1100 level in where the pair consolidated for most of these last three days. The dollar continued advancing during the Asian session, helped by the decision of the PBoC to weaken the Yuan, although the movements were limited as investors wait for the upcoming FOMC meeting outcome. The US Federal Reserve is largely expected to remain on hold, but speculators are looking for any tip on a possible date

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