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EUR/USD Forecast Mar. 16-20
EUR/USD just continued falling and falling, nearing levels last seen almost 12 years ago. Some inflation figures, a German survey and another TLTRO round are the main events. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. There were various factors weighing on EUR/USD. The ECB began its QE program as planned, Greece returned to the headlines and the dollar kept storming forward. The implementation of QE seems to be swift, as the central bank finds no shortage of bonds to buy. Some profit taking and weak US retail sales helped the pair stabilize, but many suspect this ... (full story)
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