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EUR/USD: higher on risk, but gains seen temporal

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0868 View Live Chart for the EUR/USD The common currency trades at its highest for the week against the greenback this Thursday, as the markets are again being driven by sentiment. Chinese stocks plummeted, leading to the second early halt in trading of the week, and dragging European stocks lower, something that ended favoring the EUR. Early data released in Europe was mixed, with November Retail Sales falling 0.3% monthly basis, but improved market's sentiment in

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