View full page at forexfactory.com

 

EUR/USD Forecast – Jan 28-Feb 1

From forexcrunch.com

EUR/USD finally broke out of range and challenged new highs, as signs of improvement from Germany underpinned the single currency. German retail sales, Spanish GDP, German employment data and many more events are on our list this week. Here is an outlook on the main market-movers and an updated technical analysis for EUR/USD. Last week, Flash PMIs painted a mixed picture but the markets preferred focusing on the better German figures than anything else. In addition, the news that some euro-zone banks will repay part of the LTRO loans is also a sign of confidence, and it also draws out money from the system. In the ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News