EUR facing big test as Fed reaffirms guidance on December

Posted on November 5th, 2015

 EUR sits just above key supports (the lows in May and July) and may be setting itself for phase two of its big downswing that began in 2014.  The Fed has reaffirmed its guidance on December (conditional on the economy and financial conditions remaining relatively stable).  RBA Governor Stevens also reaffirmed his new easing bias, […]