EUR/USD Forecast: Will the recovery continue?

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 30, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The euro managed to erase weekly losses and it was trading at the same level it closed a week ago. EUR/USD recovered most of the losses that followed the FOMC statement. The latest economic data from the US did not help the USD, while in Europe a higher than expected inflation reading for October gave support to the EUR. From the fundamental perspective, today’s data from the US include: Personal Income and Spending (September) and the Employment Cost Index (3Q). The employment index generated

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