All Things Forex Trading Room: Will the EUR Break Outside of Its Range vs USD?

In the trading room today: Will the EUR Break Outside of Its Range vs USD? As the EUR/USD exchange rate continues to fluctuate within its recent range, we examine the factors that could serve as catalysts that could trigger the next big move for the euro and ponder the direction of the impending breakout, we analyze the latest trend developments in the EUR/USD currency pair, we note the renewed strength of the USD vs JPY, we keep an eye on the GBP/USD pair, we highlight the market’s reaction to the Bank of Japan Meeting Minutes and the French Consumer Confidence Index, we discuss new forecasts by Bank of America-Merrill Lynch and UBS, and prepare for the trading session ahead.


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