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EUR/USD Forecast Dec. 4-8 2017

From forexcrunch.com

EUR/USDstruggled to continue advancing as the dollar found its footing. The upcoming week features a constant stream of data including PMIs, industrial output and more. Here is an outlook forthe highlights of this week and an updated technical analysis for EUR/USD. Inflation fell below expectations for the second month in a row, weighing on the euro. This vindicates Draghi's cautious stance. The good news comes from a surprising drop in unemployment to 8.8%. Hopes for a grand coalition in Germany continued helping the euro. In the US, upbeat new home sales helped the dollar recover as Powell tried not rocking the ... (full story)

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  • Category: Fundamental Analysis