The gradual deterioration of EUR/USD continues at slow, yet steady pace. The slightly worse than expected ISM non manufacturing PMI did not really help. EUR/USD is now trading below the round number of 1.37, at the lowest level since early March, when Draghi sent the pair higher. — more coming At the moment this is only a dip into deeper ground, and not a thrust threw this level. The road is long. Update: after reaching 1.3697, the pair is back above 1.37. So far, this is a fakeout and not a breakout. What did Draghi say? He raised his rhetoric regarding the exchange rate, the readiness to act and a potential move: QE and a negative rate were both discussed. Here the full coverage of Draghi. The lack of action did help the euro at first, but after touching 1.38, the pair changed course. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Price stalls at range top and prints Indecision Candle Dale Woods 8 years The gradual deterioration of EUR/USD continues at slow, yet steady pace. The slightly worse than expected ISM non manufacturing PMI did not really help. EUR/USD is now trading below the round number of 1.37, at the lowest level since early March, when Draghi sent the pair higher. -- more coming At the moment this is only a dip into deeper ground, and not a thrust threw this level. The road is long. Update: after reaching 1.3697, the pair is back above 1.37. So far, this is a fakeout and not a breakout. What did Draghi say? He raised his rhetoric… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
