EUR/USD: Fresh Bears Look for More Signals of Deeper Pullback
The Euro is consolidating in early Monday after suffering heavy losses last Thu/Fri (down 1.8%) but remains at the back foot and warning of further weakness. Stronger than expected January US labor data on Friday signal that the Fed may stay in prolonged tightening cycle that inflated dollar and pressure the single currency. Traders started […] The post EUR/USD: Fresh Bears Look for More Signals of Deeper Pullback appeared first on Action Forex.
The Euro is consolidating in early Monday after suffering heavy losses last Thu/Fri (down 1.8%) but remains at the back foot and warning of further weakness. Stronger than expected January US labor data on Friday signal that the Fed may stay in prolonged tightening cycle that inflated dollar and pressure the single currency. Traders started […]
The post EUR/USD: Fresh Bears Look for More Signals of Deeper Pullback appeared first on Action Forex.
