Forex Free Trading Tips
We first revised our forecasts to show EUR/$ downside in April 2014, on the rationale that economic outperformance would see the Fed raise rates ahead of the ECB, moving rate differentials against the single currency. At this juncture, our 12-, Read More →
Key Points
Key Points
EUR/USD tested the lower bound of a descending channel drawn from August 2015 at 1.0350/1.03, which corresponds to a projection for the down move. Indeed, it pierced below the lower part of the broad consolidation zone and March 2015 lows Read More →
The Dollar continued to back off from 14-year highs as it closed yesterday’s session at 101.40, shedding as much as 1% throughout Thursday’s session (based on the DXY). A number of market headwinds may be into play at this stage; Read More →
