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EURUSD trades towards 8 month lows

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 26, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The main story in trading overnight is still on the Eurodollar dipping to fresh seven-month lows at 1.0565. There is a continual growing divergence in both monetary policy and economic sentiment between the United States and Europe that has invited regular opportunities for sellers to attack the currency pair. The escalating expectations that the ECB might ease monetary policy further in December, complimented with the increasing likelihood around the Fed raising US interest rates, has

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