Hi all,
A verry good day for EUR Bulls (bit of a Captain Obvious here.. but what can i do...)
The market responded quite bullish to the fact that ECB is not concerned by the FX rate as long as inflation remains in timid territories. (among other things; an optimist speech in general)
After a day like this, with pips flying all over the place, i expect a quiet(ish) Friday, with more of a consolidation tone in the air.
For EURGBP i don't expect a retracement bellow .89.
For EURUSD i wouldn't loo…
A verry good day for EUR Bulls (bit of a Captain Obvious here.. but what can i do...)
The market responded quite bullish to the fact that ECB is not concerned by the FX rate as long as inflation remains in timid territories. (among other things; an optimist speech in general)
After a day like this, with pips flying all over the place, i expect a quiet(ish) Friday, with more of a consolidation tone in the air.
For EURGBP i don't expect a retracement bellow .89.
For EURUSD i wouldn't loo…