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EURUSD Analysis For 13th November – Euro At Two-Month Low vs Dollar
Forex: EURUSD Analysis For 13th November – Euro At Two-Month Low Vs Dollar The EURUSD has traded close to its two-month lows during a subdued US holiday trading session on Monday 12th November. This comes as Greece and the US both reflect upon upcoming fiscal issues. The US safe-haven bid is widely anticipated to continue into this coming week, with no positive fundamental drivers expected to provide the catalyst for a prolonged EUR/USD upside rally. The corrective risk is that any positive developments may catch a heavily short market off guard and see a stop fuelled run higher. Potential euro/dollar resistance ... (full story)