European Open Briefing

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 19, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The US Dollar strengthened after the release of the FOMC minutes as the Fed signalled that a rate hike next month is still possible, if data remains consistent. EUR/USD fell from 1.1290 to 1.1215 following the release of the minutes. It has bounced from there and traded in 1.1215-30 range[​IMG]

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