26 Mar 2014
EUR/USD stuck around 1.3800
FXStreet (Edinburgh) - The EUR/USD continues to exhibit its usual resilience, this time around 1.3800 the figure, according to Valeria Bednarik, Currency Analyst at FXStreet.
Key Quotes
"The EUR/USD trades around 1.3800 this Wednesday, still weighted by Weidman’s comments on Tuesday regarding the possibility of negative rates and QE in the EU".
"The upside continues to look messy, as only a clear break above this week high of 1.3875 should signal an upward continuation, eyeing first 1.3920, and later 1.3966".
Key Quotes
"The EUR/USD trades around 1.3800 this Wednesday, still weighted by Weidman’s comments on Tuesday regarding the possibility of negative rates and QE in the EU".
"The upside continues to look messy, as only a clear break above this week high of 1.3875 should signal an upward continuation, eyeing first 1.3920, and later 1.3966".