The eyes are on the ECB next easing step, After paving for it

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD has faced downward pressure yesterday following the release of Nov EU CPI flash reading which has shown rising again by 0.1% yearly as the same as October while the consensus was referring to increasing by 0.2%. It is now obvious to most of the market participant that we are ahead of new coming easing measurements by the ECB to prop up this low inflation rate and also to stimulate the EU economy which has grown in the third quarter by 0.3% undermined by lower than expected growth in

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