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EUR/USD Overview. December 19. The ECB Did Not Surprise the Market, Nor Should It Have
The EUR/USD currency pair traded with
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The EUR/USD currency pair traded with relatively low volatility on Thursday. Overall, this week can be summarized as follows: expectations were not met. We anticipated that the strong fundamental and macroeconomic backdrop, important reports, and global events would lead the pair out of its six-month flat trend. However, that did not occur. There weren't even any interesting movements, trend shifts, or reinforcement of the current trends. The most significant events elicited emotional spikes in the market, but as seen in
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Paolo Greco,
Analytical expert of InstaForex
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Summary
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Stanislav Polyanskiy
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