EUR/USD Price action

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Yesterday’s comments by Federal Reserve Chairwoman gave further confirmation of the Fed’s intent to raise interest rates in December, sending the US Dollar higher against most major currencies. The Euro fell sharply on the back of Yellen’s words, but that wasn’t the only factor. Earlier on, ADP Employment data showed reasonably strong job growth, a reason Yellen has given that would be fundamental in their decision to raise interest rates. Purchasing Managers Index data was also released at

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