EUR/USD started to show rally after New Year on the global forex market. November brought the EURUSD parity to over the 1.03 level on December 20, with the US elections showing a weak outlook before the dollar rally. After the Federal Reserve's (FED) meeting in December, the US dollar could drop its bullish correction. We know the economic risks for the European Region for 2017 years. The election year can also be the UK turnout period. However, despite all the negativities, growth and interest rates, it is wrong to expect the same direction in the markets. The trading volume in the second half of December could be a good time for such a correction. After a short downturn, we are expecting a downward reaction to the EUR/USD parity. This reaction can also spread in January.

Comment Send

• 

  USD/TRY tried the record level yesterday

• 

  American Dollar is Earning Value after the possibility of Interest Increase by FED in this year

• 

  Egypt allows its currency to float with increasing strongly

• 

  Gold market will focus on US Non-Farm Payrolls Data in next days

• 

  Industrial production declined in Japan

• 

  S&P is increasing the credit rating of France

• 

  American bonds are feeling sales pressure

• 

  Gold is preparing for strong losses after FED data

• 

  Global markets are pricing the latest Fed announcements

• 

  The global markets are following latest developments of Fed