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Euro/Dollar: Likely Growth to U3

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Hourly Yesterday’s Trading: On Wednesday the US was on holiday. The stock markets were operating as normal, but the banks and the bonds market were off. Trader activity was low. Draghi didn’t mention monetary policy so there was no reaction to his speech. His speech could have a significant effect on the market during today’s press conference after the ECB has convened. The euro/dollar returned to the LB after a fall to 1.0705 at the American session. Asia today saw the EUR/USD lift to 1.0779

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