The EURUSD finished the last week of trading above the 0.98000 ratio, which was better than the previous week’s finish: Trading FOREX
finished the last week of trading above the 0.98000 ratio, which was better than the previous week’s finish. of September, the EUR/USD did prove it has the capability to fight upwards. However, after a high of around 0.98530 was displayed on Friday the EUR/USD did stumble slightly lower.
data produced higher than expected results too, and this will certainly feed into the notion the European Central Bank will have to raise its interest rate sooner rather than later. If trading conditions remain stable, meaning a sea of nervousness doesn’t rip through the global markets, it is possible support for the EUR/USD will be considered ‘strong’ near the 0.96350 ratio.
The major equity indices continue to display bearish behavioral sentiment and this is not likely to subside in the coming days
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