-
EUR/USD Carves Bearish Series Ahead of ECB Minutes, More Fed Rhetoric
EUR/USD remains under pressure despite the mixed reaction to the Federal Open Market Committee (FOMC) Minutes, and the pair stands at risk for a larger correction as it carves a fresh series of lower highs & lows. The summary of former-Chair Janet Yellen’s last meeting suggests the central bank will continue to implement higher borrowing-costs over the coming months as ‘a majority of participants noted that a stronger outlook for economic growth raised the likelihood that further gradual policy firming would be appropriate.’ With that said, the FOMC under Chairman Jerome Powellmay prepare U.S. households and ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 21, 2018 8:48pm Feb 21, 2018 8:48pm
- lasty
- Joined Aug 2008 | Status: Member | 1423 Comments
- Comment #2
- Quote
- Feb 22, 2018 3:36am Feb 22, 2018 3:36am
- carlosfx07
- | Membership Revoked | Joined Oct 2017 | 70 Comments
- Comment #3
- Quote
- Feb 22, 2018 4:51am Feb 22, 2018 4:51am
- ohakaba
- | Joined Aug 2016 | Status: optimistic | 153 Comments
- Comment #4
- Quote
- Feb 22, 2018 6:41am Feb 22, 2018 6:41am
- Cepbra
- | Joined Nov 2012 | Status: Member | 1 Comment