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Back Fundamental analysis
Euro Currency: Weekly Preview
Traders had a tough week. Last
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Traders had a tough week. Last week, the European currency lost nearly 200 basis points in just a couple of days, but that's not the main point. What matters is that until Saturday, it was unclear what exactly caused the significant strengthening of the U.S. dollar and the decline of the euro. At first glance, it seems obvious. The FOMC meeting concluded with a slightly more hawkish tone than the market anticipated. I view it as "slightly more hawkish." Recall
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Chin Zhao,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Alexander Dneprovskiy
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