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EUR/USD Forecast February 11-15
EUR/USD made a big pullback as the ECB also had its say on the exchange rate. Is this a change of course, or actually a buy opportunity? Eurogroup Meetings, GDP data and the G20 meetings are the highlights of this week. Here is an outlook for the events moving the euro and an updated technical analysis for EUR/USD. Draghi was more optimistic concerning financial markets, promising to keep close watch on the recent rise of the euro, a worrisome factor that could further weaken the region’s economy. He said economic growth would commence in the second half of 2013 thanks to the ultra-easy monetary policy, the ... (full story)
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PRICE ACTION is the only real time indicator.
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