Market Awaiting ECV Interest Rate Decision

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Yesterday’s Trading: The euro/dollar closed slightly down on Wednesday. The euro restored from a 1.0945 minimum to 1.1034 on the American session. The buyers managed to win back their day’s losses but couldn’t hold on to their positions above 1.10. The Reserve Bank of New Zealand (RBNZ) and Canada didn’t have much effect on the euro with their interest rate decisions. However, the risks of a fall for the euro against the New Zealand dollar increased significantly, thereby making the euro fall

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