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Forex Forecast on March 03 for EURUSD, GBPUSD, USDCAD, USDJPY

Yesterday, "bearish" moods prevailed on the EUR/USD Currency pair. The currency reached the round level of 1.05000. The demand for the US dollar is supported against the background of optimistic economic reports and rising yields on US government bonds. At the moment, the market assesses the possibility of increasing the Fed's interest rate at 77.5%. We expect a further decline of the EUR/USD quotations. One should consider selling to the mark of 1.04600-1.04500. Read more



This post first appeared on JustForex, please read the originial post: here

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Forex Forecast on March 03 for EURUSD, GBPUSD, USDCAD, USDJPY

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