EURUSD
The pair continues to move in a narrow range. Its grows is being restrained as ECB stimulus program expansion is expected and the fall is not happening because of the weakness of US Dollar due to unlikeness of the rate hikes in the nearest future.
The price is higher …
EURUSD
The pair consolidates awaiting the Mario Draghi speech (president of ECB). New announcements regarding the ECB stimulus program will put a certain level of pressure on the pair and cause the increase of risk appetite and in buying shares of European companies which usually causes a negative effect on …
EURUSD
The pair is trying to grow using US Dollar weakness. The risk that ECB stimulus program is going to be expanded is restraining the growth and keeps USD from giving up its positions. It may keep consolidating on this level for quite some time.
The price is higher than …
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