When the market makes it’s mind up…- FXStreet

FXStreet (Barcelona) - Valeria Bednarik, chief analyst at FXStreet explained that the market seems determinate to push the greenback lower, with the American currency trading at its weekly lows against most rivals.

Key Quotes:

“The EUR/USD extended above previous weekly high late US afternoon, approaching the 1.2700 figure”.

“Earlier on the day German Industrial Production sunk to -4.0%, while there was no market moved data in the US for second day in a row”.

“Stocks are a different story, drifting again strongly down and below last Friday’s opening”.