EUR/USD forecast 29 October 2015

FX:EURUSD   Euro / U.S. Dollar

7:30 CET: Yesterday's strength in the US Dollar really surprised me as well as FED hawkish stance. EURU/ SD collapsed after the FOMC's statement revealed world problems might not have had important impact on the US economy. Despite higher bond yields after the event stocks closed at the highs at the end of the trading day. This could imlpy that lows in the EUR/USD has been reached for now and the pair might retrace. We will see... EUR/USD chart-video


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