On Monday, EURUSD opened with a huge weekend gap. Last week the tension was in the air. French elections were scheduled on Sunday. Whenever there is some important political event in Europe, expect EURUSD to become nervous. This is precisely what was expected. We were expecting a huge Sunday gap. Did you read this month… Continue reading EURUSD Opens With A Huge Weekend Gap
Tag: EURUSD
Risk Of European Central Bank Failing Its Mandate Higher Than 6 Months Ago
EUR/USD downtrend that started several months back somewhere in June 2014 is going strong. EUR/USD started the new year with a 29 months low when ECB President said that bolder steps are needed to make the stimulus work. European Central Bank President Mario Draghi said the risk of the central bank not fulfilling its mandate… Continue reading Risk Of European Central Bank Failing Its Mandate Higher Than 6 Months Ago