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EUR/USD Forecast Nov. 23-27
EUR/USD extended its range to the downside in a choppy week. PMIs, another German survey and inflation data will be watched. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Euro-zone inflation edged up, but the euro didn’t really react. Draghi took advantage of his public appearance to weigh on the euro and also the meeting minutes of the ECB continue paving the way for more monetary stimulus. On the other side of the Atlantic, the minutes from the Fed, did not tell us anything we didn’t know: they indeed wanted to tell us that a hike is on the table for December, ... (full story)
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