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Vipro Markets Back Office (VIPROMarkets)
Dec 08 2016 at 15:21
41 posts
EURUSD was exposed to huge levels of volatility following the ECB's decision to reduce its purchase schedule of €80 billion per month to €60 billion per month. EURUSD currently trades at 1.06342.

Check out chart here:

Dec 08 2016 at 15:47
61 posts
what move its still down...or reactment some i had buy....

Dec 08 2016 at 17:41
277 posts
Euro is taking a beating after the Draghi speech when it became clear that the ECB will continue its easy monetary policy. The pair went from 1.0872 to current market price of 1.0600, which is also the lowest point since the event.

Dec 08 2016 at 17:45
421 posts
The dollar rebounded against a basket of currencies on Thursday after the European Central Bank has stated that they intend to extend their asset purchase program by another nine months, while the US labor market data fell short of the forecast.
The EUR/USD fell by 0.43% to 1.0712, falling from session highs at 1.0873.

Dec 09 2016 at 08:09
675 posts
Following the announcement by ECB the single currency recorded its biggest drop against the dollar since June. As expected the bank is extending the program of quantitative easing, but surprised markets with lower monthly volume of purchases. The EUR/USD pair wiped out 139 pips to 1.0612. The price went below the moving averages, while RSI is losing ground. Attitudes remain negative and break of 1.0580 will contribute to further decline.

Dec 09 2016 at 12:39
61 posts
hii eurousd still very low what next eu now..

Dec 09 2016 at 17:44
277 posts
EUR/USD is trading lower in today's session after yesterday's attempt to push higher. The speech by ECB President Mario Draghi was the catalyst that drove the price down. Currently, EUR/USD is trading at 1.0538.

Dec 09 2016 at 18:18
277 posts
Have in mind that the FED meeting on 13-14 Dec will decide whether or not the rates are going up. This would be one of the most anticipated events of the year. Until then the US dollar dominance is expected to continue.

Dec 09 2016 at 18:24
277 posts
USD/CAD on the other hand kept losing gains today as the pair reached a low of 1.3152. Bearish camp has taken control and now next target is 1.31. Main trend on the short term remains bearish, on the long term the latest move is seen as a correction to the upward trend.

The correlation with the EUR/USD is in divergence as we're seeing a steady depreciation in both pairs.

kieran (snapdragon1970)
Dec 09 2016 at 18:28
1944 posts
I expect rates to go up,thats why Usd is bullish now, its pricing in before hand.

"They mistook leverage with genius".
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