dimanche 22 février 2015
EUR/USD Forecast Feb. 23-27
Posted on 02:52 by nice news
EUR/USD was heavily influenced by every headline related to Greece and the positive finish to the week provides hope. The last week of February features another TLTRO auction as well as inflation and confidence numbers, with the highlights coming from Draghi’s speeches. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD.
Negotiations saw their ups and also their downs. Conflicting headlines created a lot of volatility.Eventually, a 4 month extension was agreed upon. However, there are bumps along the way, as soon as this Monday. Will we get a break from these headlines? Elsewhere, the first ever ECB minutes showed that QE was “inevitable”. German business confidence improved, but not as much as expected. PMIs showed a growing divide between struggling manufacturing and stronger services. In the US, numbers were mixed. What’s next for the pair?
Negotiations saw their ups and also their downs. Conflicting headlines created a lot of volatility.Eventually, a 4 month extension was agreed upon. However, there are bumps along the way, as soon as this Monday. Will we get a break from these headlines? Elsewhere, the first ever ECB minutes showed that QE was “inevitable”. German business confidence improved, but not as much as expected. PMIs showed a growing divide between struggling manufacturing and stronger services. In the US, numbers were mixed. What’s next for the pair?
EUR/USD Forecast Feb. 23-27
Categories: EUR/USD Forecast Feb. 23-27
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