Tag: Feds Quantitative EasingSort
Feds Quantitative Easing Expectations, Dollar Sell
The EUR/USD is trading slightly to the upside as announcement for monetary stimulus is expected by the Feds. Investors are selling the U.S dollar for other major currencies, quantitative easing is expected this Wednesday. EUR/USD is stabilizing itself at the 1.3500 low for now. Intraday bias remains on the downside, as long as the 1.3934 minor resistance line is not broken.