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Will EUR/USD continue falling? A lot will depend on the ECB meeting minutes released this Thu with some members wanting the ECB to pre-announce the end of bond-buying after the current scheme ends in Sep'18. However, our friend old Draghi wants to keep pressure on as inflation remains low and he is openly doing all he can to drive down and to keep the Euro low. He has not much success in doing that as the Euro seems to be high on something.
Market essentially consolidated throughout last week – in the context of an uptrend. Although price did not go seriously upwards or downwards last week, that stance is going to change this week (for price would assume a directional movement). It is much more likely that price would continue going upwards, owing to bullish expectations on EUR pairs.
Market essentially consolidated throughout last week – in the context of an uptrend. Although price did not go seriously upwards or downwards last week, that stance is going to change this week (for price would assume a directional movement). It is much more likely that price would continue going upwards, owing to bullish expectations on EUR pairs.
