EUR/USD: weaker ahead of ECB's decision

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0610 View Live Chart for the EUR/USD The dollar cached a bid and soared to a fresh 7-month high against the common currency in the American afternoon, posting 1.0550 before bouncing back. Ever since the day started, the macroeconomic picture kept the pair under pressure, as poor inflation results in the EU for November boosted the case for further ECB easing this Thursday. According to the official release, inflation in the region rose by 0.1% compared to the previous

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