EUR/USD Forecast: waiting for the ECB

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 21, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    The EUR/USD pair trades uneventfully around the 1.0900 level, still range bound ahead of the upcoming ECB economic policy decision. Risk aversion has been leading the way ever since the year started, with plummeting oil prices, fueling fears of a global economic slowdown. The common currency has enjoyed some demand due to its funding-currency condition, but has been unable to rally pass the 1.1000 figure, with approaches to the level attracting selling interest. Currently on-hold as investors

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