The euro is falling again

March 10, 2015

After a short pause, the main currency pair is dropping again – sympathy of investors remains on the side of the USD.
On Tuesday morning, the euro/dollar is testing the next multi-year lows: the current trading is around the 1.0799 mark, and that is the "low" since September 2003.
And while Monday passed quietly, and the main couple even tried to stabilize and rebound slightly, the session on Tuesday promises to be more active. The Dallas Fed Chief Mr Fischer, whose authority on this post ends next week, yesterday said that the Federal Reserve should not be late with the decision to increase interest rates.
This remark hurt the market players: the regular meeting of the US monetary politicians will take place next week, and the new mention of the rate was another speculative point for the market.
But investors have only just calmed down after the speech of the head of the Federal Reserve Janet Yellen, who recently told Congress that the time to change the rate has not yet come.
But the topic of the spread between the interest rates of the ECB and the Fed excites bidders, regardless of whether it is talked about or not. This week, the European regulator began the asset purchase program, which will run until September 2016, and possibly longer. This will put further pressure on the European currency in the coming days.
 
RoboForex Analytical Department

Publication source
RoboForex information  RoboForex reviews

February 17, 2017
Golds rally may falter
The gold price has racked up its 2nd straight day of gains today on the back of US dollar weakness and doubts over an interest rate hike next month from the US Federal Reserve...
February 16, 2017
Where is black gold heading?
The Euro is slowly going down and this is not brought on by the Eurozone situation. Instead, this is fueled by the U.S. Dollar. Yesterday, Janet Yellen gave a speech in the Senate Banking Committee emphasising the fact that it Is not quite right to use the wait-and-see stance regarding the interest rate hike...
February 14, 2017
Will France exit the euro?
The Euro has come under pressure late in the European session today, after analysts warned of the huge costs that France would face should they decide to ditch the European currency...

Grand Capital Rating
FIBO Group Rating
OANDA Rating
FOREX.com Rating
Cms Trader Rating
EXNESS Rating

Empire Option Rating
First Binary Option Service Rating
24option Rating
OptionFair Rating
Porter Finance Rating
Banc De Binary Rating