Razvan

EURUSD - Weekly Review

FX:EURUSD   Euro / U.S. Dollar
3
Another interesting week has past for FX traders. It seems that the balance is now in favor the Euro Area after Mario Draghi left us with a optimistic sentiment. He actually didn't say anything new. The ECB kept the interest rate at 0.25 but maintained opened the possibility of another cut...we will see about that. The United States posted a lower NFP, again, but a better unemployment ate...again. For the moment the Euro is on an uptrend and it might continue in this direction next week, when the Euro Zone GDP is expected to be released. If you would like to read a more detail version of next week forecast you are invited to read my latest article on www.investazor.com

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