ust like GBPUSD, at the moment our vision also is bearish on EURUSD pair. EUR/USD is trading well under 1.18, a two-week low, as a cautious market mood boosts the safe-haven dollar. Worries about rising US inflation, the Fed's tapering intentions and German elections are pushing the pair lower.
EUR/USD sheds ground for the second session in a row and breaks below the key support at 1.1800 to record new multi-week lows in the vicinity of 1.1770.
The renewed weakness surrounding the pair comes
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.