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EUR/USD Forecast August 1-5
EUR/USD drifted close to 1.10 during most of the week but was propelled higher on USD weakness. Is it breaking out of range? The upcoming week features PMIs as well as other figures. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. The Brexit ramifications are not so terrible for Germany according to IFO. GDP came out as expected at 0.3% and inflation beat predictions with +0.2%, giving a bit of hope for the ECB. The EBA stress tests did not tell us something we didn’t know. In the US, the Fed was more upbeat but did not provide a hint for a hike. The bigger blow for ... (full story)
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- Jul 31, 2016 6:41am Jul 31, 2016 6:41am
- KeenPips
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- Not-KPMG
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Beware of robber banks (RB), bad advisors.
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- Jul 31, 2016 11:39am Jul 31, 2016 11:39am
- OnlineAddict
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Everyone can see the chart, but only a few can actually read it.
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- baherhosni
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I still need a trading break soon!!! "Loose some to win more" --Baher A.