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Forex Forecast: EUR/GBP and EUR/USD likely to see further downside

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Joshua Mahony, Market Analyst for IG Index, joined Zak Mir and Bill Hubard on the Tip TV Finance Show to discuss the policy divergence between the BoE/Fed and the ECB, plus the effects on the EUR/GBP and the EUR/USD. Market Overview Mahony outlined that expectations are moving towards an ECB move in December, and he added that oil prices are still very low, so it won’t be long before they are factored out of inflation figures, which may affect Draghi’s decision in December. Mahony also

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