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EUR/USD: The greenback edged higher against all of its major rivals

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD The greenback edged higher against all of its major rivals, benefited by a return of risk appetite, and strong profit taking ahead of several Central Banks decision, including the BOJ, the FED and the BOE. The dollar however, maintains its long term negative tone and this latest recovery seems barely corrective. The EU released its Industrial Production data, showing an increase of 2.1% monthly basis in January, a positive surprise that failed to boost the EUR. All eyes are now on the

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