EUR/USD
EUR/USD
The fundamental background of the EU is now much less important than information from the US. The pair continues to move within the channel 1.1250-1.1400, there is a weak priority of purchases, but there are no factors for an upward breakdown yet. Lagarde's speeches are unlikely to change the balance of power. You should pay attention to the statistics of industrial production and the trade balance of the Eurozone.
The fundamental background of the EU is now much less important than information from the US. The pair continues to move within the channel 1.1250-1.1400, there is a weak priority of purchases, but there are no factors for an upward breakdown yet. Lagarde's speeches are unlikely to change the balance of power. You should pay attention to the statistics of industrial production and the trade balance of the Eurozone.
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