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Traders are waiting to hear from the Fed on a possible December rate hike

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 18, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The biggest story in the Forex universe over the past day has been the fresh lows in the Euro that reached a new 7-month low price on the back of the weakness in the European currency. On the back of the attacks in Paris and the growing divergence of monetary policies between the ECB and the Fed the Euro has been under pressure for some time now and even though the decline is a slow-pace one it is driving the currency lower. In terms of fresh data the ZEW Survey printed mixed yesterday morning

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