Monthly Chartbook

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Currencies EUR/USD EUR/USD rebounded sharply early December as the ECB failed to deliver the policy easing the market expected. The pair settled in the 1.07/10 area after the Fed lift‐off. China turmoil had only a moderate impact on EUR/USD. EUR/GBP EUR/GBP jumped also higher after the December ECB decision. Later, euro strength was replaced by sterling weakness. Global risk‐off sentiment and the commodity decline delayed BoE rate hike expectations and Brexit uncertainty weighed on sterling

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