Forex EUR USD Forecast

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

FOREX EUR USD: After Rebound, Expect Fall to 1.1030. 23.10.2015

Tags: 

Yesterday’s Trading:
On Thursday the euro/dollar fell by 230 points. In the second half of the day, Mario Draghi made the euro drop to 1.11. The ECB kept its interest rate unchanged. Mario Draghi announced that the ECB is ready to extend QE in December and a drop in the base rate and deposit rate was discussed.

FOREX EUR USD: Bull Takeover on Daily. 16.10.2015

Tags: 

Yesterday’s Trading:
The euro/dollar’s 5-day growth has ground to a halt. Trading in Europe saw the euro down due to the ECB’s Ewald Nowotny sticking his oar in and then the US stats came out in the evening which added to the fall. Nowotny suggested that the ECB should adopt additional measures to aid inflation growth. The US’ CPI for September was down slightly on August, but it remained unchanged when expressed annually. The labor market data turned out better than expected.

FOREX EUR USD: Left the Range on Weekly – New Target: 1.1620. 15.10.2015

Tags: 

Yesterday’s Trading:
On Wednesday the USD was down against the key pairs after weak retail sales data and manufacturing inflation figures for the US came out. The data was worse than expected. Previous retail sales figures were reassessed downwards. The key index for industrial prices fell to a minimum since January and the PPI was negative. The data has signalled a slowing of US economic growth and has lessened the likelihood of an interest rate hike in the near future.

Pages

Subscribe to RSS - Forex EUR USD Forecast