Forex EUR USD Forecast

Forex EUR USD Forecast - Daily published professional analytical forecasts for the main currency pair Market Forex: the EUR USD!

Forecast and technical analysis EURUSD on October 02, 2018.

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EURUSD: euro back on the decline

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On Monday the 1st of October, trading on the euro closed down. The rate rose to 1.1625 during the European session before dropping to 1.1564 in the US. I found the market’s behaviour confusing yesterday given that the euro dropped against the dollar on the back of positive news concerning Brexit, a rise in oil prices, and a drop in US10Y bond yields.

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