Tuesday, February 17, 2015

The EUR/USD stays range bound

The Euro versus the Dollar continues oscillating in a range between the 1.1300 and the 1.1400 zone. The price has tried to break those levels on several times, but it has not gain enough momentum to take a definite direction. The uncertainty surrounding the Greece debacle has kept the Euro trading within this range, but tomorrow we have the FOMC minutes and depending on what the FED had to say on its last meeting, the Dollar may move causing the EUR/USD to take a clear direction.


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8 comments:

  1. AnonymousFeb 18, 2015, 4:59:00 AM

    The pair is essentially grinding in a sideways move waiting for an agreement on an extension to Greece's bailout package.

    ReplyDelete
  2. UnknownFeb 18, 2015, 10:15:00 AM

    Good point! I'll keep an eye on it.

    ReplyDelete
  3. UnknownFeb 18, 2015, 2:44:00 PM

    Range continued for yet another day.

    ReplyDelete
  4. bewayopaFeb 18, 2015, 6:00:00 PM

    The pair is trading laterally

    ReplyDelete
  5. UnknownFeb 19, 2015, 4:53:00 PM

    I agree with that.

    ReplyDelete
  6. UnknownFeb 19, 2015, 7:47:00 PM

    I agree with your point of view.

    ReplyDelete
  7. UnknownFeb 21, 2015, 8:40:00 AM

    Interesting.

    ReplyDelete
  8. UnknownFeb 21, 2015, 12:38:00 PM

    excellent analysis.

    ReplyDelete

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