EURUSD will continue to decrease
US dollar rapidly increased as US Federal Reserve announced about the further asset buyout program reduction for another $10bl and that already in the beginning of 2015 the increase of refinance rate is expected. What is more, head of Federal Reserve Janet Yellen did not …
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 …
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