Current rate – 1.08591 As we suspected in the run-up to the meeting, the increase in easing may be the result of a soft inflation environment, and thus, provoked a reduction in short-term inflation forecasts (per the staff projections), but the fundamental feedback loop of easier policy amid improving economic data otherwise raises … More EUR/USD ; H4
Yesterday speech of the ECB made the Euro to bounce up seriously on the chart with most counterpart’s. Today the markets starts quiet with lower U.S stocks. The jobs report probably wont change Fed mind of liftoff. Federal Reserve officials have signaled that an interest-rate increase is in play for their December meeting, with both markets and economists now anticipating that normalization will begin … More EUR/USD H4
The pair is sliding down like a submarine . which is nothing unusual for those couple of days. The 60min chart offer us a long position above 1.0580, we can treat that as a buy. Now just have to play the waiting game.