The EUR/USD is the most frequently traded currency pairing on the forex. Representing two of the largest economies in the world, the value of the EUR/USD depends greatly upon the relative economic strength of each nation. Monetary policy crafted by the European Central Bank (ECB) and U.S. Federal Reserve (FED) influences pricing considerably. Domestic politics, foreign trade, and acts of terror are all external factors capable of unexpectedly bolstering volatility.
Trade closed: target reached