-
EUR/USD: Weekly Forecast 26th November - 2nd December
The EUR/USD went into the weekend within sight of mid-term highs. Early on Tuesday of last week the EUR/USD moved around the 1.09670 vicinity for a solid duration, but by late in the day a selloff started to occur and a low for the week was made on Wednesday near the 1.08525 ratio. Speculators should understand trading volume from Wednesday until the end of last week was affected by U.S financial institutions not participating in Forex, this as the U.S Thanksgiving holiday was celebrated and a long weekend ensued.However, importantly the high made in the EUR/USD on Tuesday of last week is noteworthy because it hit ... (full story)