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Forex Forecast: EUR/USD, GBP/USD, USD/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Post: It was perhaps a surprisingly strong start to the week for the U.S. Dollar, especially given the way that given the meltdown in equities, and the relatively soft to mixed Non Farm Payrolls for January at 152,000, one might have expected the greenback to be on the back foot. Presumably, the wait for the forthcoming speech from Fed Chair Janet Yellen has the market going for the idea of at least one more interest rate rise later this year. Cable: Below 50 Day Line Risks $1.4150 The points

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