The Euro's Week will Centre on the ECB

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The Euro largely took its cues from the US data last week which was less than impressive, especially in the retail sector. Some slightly weaker EU data has led to calls for further stimulus from the ECB and that has limited the Euro's gains. The central bank is set to meet this week to set interest rates and could possibly hint at further stimulus to come. The Euro gained solidly in the first half of the week thanks to market sentiment swinging away from the US dollar. A fall in US core retail

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