The EUR/USD pair opens the week slightly
lower, trading however 100 pips above the fresh 11-year low of 1.1458
posted last Friday. Markets had been quite choppy ever since SNB
decision, with brokers’ insolvency and financial woes being the main
theme of the day. But that particular crisis, seems to have been
contained right in time. US CPI was for the most ignored, although
numbers missed expectations, which means the FED may have room to begin
with rate hikes until the second half of this year.
In the meantime, the market is mostly convinced ECBs’ sovereign QE its coming this week, and majors may do little ahead of the Central Bank meeting on Thursday.
Read more Click Here / www.trade4x.net
In the meantime, the market is mostly convinced ECBs’ sovereign QE its coming this week, and majors may do little ahead of the Central Bank meeting on Thursday.
Read more Click Here / www.trade4x.net
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