Forecasts & opinions
Recap: the single currency is in a long-term downtrend versus the greenback since July 2008, where the euro hit its all-time high at USD1.6063. In the last three months of 2014 trading became more volatile and we even saw a breakout over the latest resistance line (red) where the currency-pair managed to stay for a short while before being sold off again. After closing below the established support (pink) for three consecutive days at the end of 2014, we saw a massive slump in the first days of 2015.
|remaining time till the new event being published|
- China's home prices growth fastest in five months - NBS
- EU сar sales returned to growth in May - ACEA
- Bank of Japan Governor Kuroda: BOJ will debate rising overseas economic risks this week
- Eurozone annual inflation down to 1.2% in May