Advertisement
Last Articles
- FOREX Brokers - Interbank Market
- Forex Misconceptions
- Structure of the Forex Market
- Tricks Of The Successful Forex Trader
Last News
EUR/USD: Euro has all chances to finish the week higher
The pair EUR/USD is being traded in a tight range at the Forex currency market on Friday morning – investors are analyzing the ECB meeting outcome.
By 9.15 MSK the Euro is at 1.3427 against yesterday’s closing level of 1.3437.
According to the ECB decision, the rate was kept unchanged at the level of 1.5% as expected. The Bank noted that it would resume buying secured bonds in November and provide banks with one-year credits. This was widely expected by the market as an “extra stimulus package”. This meeting was final for Jean-Claude Triche who would be replaced by Mario Draghi as a Head of the ECB in November.
Today investors will monitor employment statistics and continue analyzing the ECB meeting outcome.
Most likely the pair EUR/USD will not go beyond the range of 1.3370-1.3480 at the trading session on Friday.