6ЕM1 and ЕUR/USD: prolonged flat

As it was informed by "Market Leader (US)"

6ЕM1 and ЕUR/USD: prolonged flat

Yesterday the common Euro currency almost repeated Monday’s scenario. The currency pair kept moving within the same price range.

In general, by now EUR looks more confident and determined than USD. Most fundamentals indicate that the US Dollar will probably continue declining in value. Moreover, the Fed Res is not in a hurry to toughen the monetary policy, as opposed to the ECB, which is ready for another interest rate increase.