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EUR/USD Forecast: weighed by soaring stocks

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 14, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    European equities staged a strong opening, extending their Friday's rallies to fresh multi-month highs. The German benchmark, the DAX stands above the 10,000 mark for the first time since mid January, whilst the pan-European Stoxx 600 is up 1%. Investors have finally asset the easy money coming from the ECB, and risk appetite is back in vogue. The common currency eases some but holds above the 1.1100 level against the greenback, weighed by the upward momentum in stocks. The macroeconomic

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