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EUR/USD: no room for EUR gains

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0580 View Live Chart for the EUR/USD The common currency plummeted to a daily low of 1.0577 against the greenback after the release of the EU inflation figures, which showed another decrease in the core annual reading, down to 0.9% from previous 1.1%. Basically, the poor inflation reading is an incentive for the ECB to extend its facilities this Thursday. Ahead of Wall Street opening, the US released its ADP private survey, which showed that the economy added 217K new

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