Forex Forecast EURUSD: Euro/Dollar: Fall of Euro to be Restrained Before FOMC Minutes. 6 January 2016.


Yesterday’s Trading:
Tuesday saw the euro/dollar fall to 1.0710. Pressure on the euro gathered strength after Eurozone inflation data came out. If we take into account that Saudi Arabia is increasing oil discounts for Europe, inflation will remain low for a long while. In this case, the ECB will have to take additional measures with regards to relaxing its monetary policy and this is to down the euro further.


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