dimanche 12 avril 2015
EUR/USD Forecast Apr. 13-17
Posted on 01:35 by nice news
EUR/USD had a hangover after Easter and it retreated from the higher range.The ECB meeting is the big event of the week, but not the only one Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD.
Worries about Greece’s ability to pay the IMF didn’t peter out even as Greece paid. Worries about the country’s finances persist. This was coupled with not-so-good data from Germany for a change. The US data released after the NFP was already better, with a good read for the services sector. This helped the greenback recover, together. Yet the FOMC minutes sparked the greenback comeback as markets focused on the talk about a hike in June, ignoring the fact that it represented only a few members’ opinions and that the meeting was held well before the weak NFP. The result was a plunge of the pair under 1.06. Will it now challenge the 12 year lows?
Worries about Greece’s ability to pay the IMF didn’t peter out even as Greece paid. Worries about the country’s finances persist. This was coupled with not-so-good data from Germany for a change. The US data released after the NFP was already better, with a good read for the services sector. This helped the greenback recover, together. Yet the FOMC minutes sparked the greenback comeback as markets focused on the talk about a hike in June, ignoring the fact that it represented only a few members’ opinions and that the meeting was held well before the weak NFP. The result was a plunge of the pair under 1.06. Will it now challenge the 12 year lows?
EUR/USD Forecast Apr. 13-17
Categories: EUR/USD Forecast Apr. 13-17
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