Euro is overbought and can be decreased
Consumer inflation can have a massive impact on European currency today. Last month this led to rapid EUR increase, as it was supported by ECB decision to keep the same monetary policy. But last week Mario Draghi announced his concern regarding EUR growth …
Will Euro go up or down?
Good data regarding retail sales (growth of 0,3% against 0,2%) and decrease of applications for unemployment benefits (315000 against 333000) had a positive impact on USD, as it rapidly increased against EUR. Another massive concern which had a negative impact on EUR was the …
What to expect from currency market
Looking on currency market we can suggest that traders are waiting for the new portion of economic statistics from the US in order to understand whether US economy is slowing after the cold Winter or not. After any good news about US economy is …
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