Fundamental Analysis : Dec 11th 2012
Traders are expecting the Fed to continue purchases of $45 billion worth of mortgage-backed securities each month. Such an outcome should be bearish for the dollar and could see the U.S. dollar come under selling pressure. Traders’ main focus today is the monthly German investor sentiment survey ZEW.
EUR/USD Daily Market Analysis of December04th 2012 by MBCFX.com
As we mentioned, the EUR/USD prices formed the second shoulder of the “Head & Shoulders” reaching the 1.3014 level, and it is important to monitor this level because if the Euro manages to break it up, the next target will be to 1.3075 and the 1.3020 level will represent a good opportunity to long……