Euro/Dollar: Expected Fall to 1.0737 by Day’s End

Posted On 13 Nov 2015

On Thursday, trading of the euro/dollar closed up. Sharp fluctuations on the euro were caused by ECB president Draghi’s speech and by speeches from US Fed representatives. Draghi promised to reassess QE in December and the Fed speakers came out with conflicting words: they don’t know exactly when the US interest rate will be increased. Yellen kept her lips tight with regards to US monetary policy.

Source:: Euro/Dollar: Expected Fall to 1.0737 by Day’s End

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