The bulls had no chance, after ECB decision to launch quantitative easing. Tomorrow FOMC meeting will probably bring another decrease of the fund rate, but it won’t help EUR to increase. Economy of the US is much stronger and EUR/USD reflects this.
The bulls had no chance, after ECB decision to launch quantitative easing. Tomorrow FOMC meeting will probably bring another decrease of the fund rate, but it won’t help EUR to increase. Economy of the US is much stronger and EUR/USD reflects this.