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EUR/USD Forecast October 10-14
EUR/USD extended its range to the downside in the wake of the new quarter, but never went too far. When will it make the break? A key German survey is the highlight of the upcoming week. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. Talk about ECB tapering triggered a jump in EUR/USD but this did not last. It is unclear if the ECB will taper bond-buys before ending the program, begin tapering in March or if they have even discussed it. With low inflation, the ECB’s QE could run and run. Euro-zone PMIs came out mostly as expected. Data in the US was OK: a small ... (full story)
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Beware of robber banks (RB), bad advisors.
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