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EUR/USD: fresh highs on poor US data

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1221 View Live Chart for the EUR/USD The EUR/USD pair extends its advance, trading above the 1.1200 level ahead of the US opening. The market continues selling the greenback without caring much of what else may be happening around, as fears of a US economic slowdown accelerated after yesterday FED Dudley's comments. The US has just released some minor employment reports, with the weekly unemployment claims below previous, but above expected, at 2.255M. Unit labor cost

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