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Forex EUR/USD... Why such a huge move?

Discussion in 'Forex Forum' started by paka, Dec 4, 2015.

  1. paka

    paka Guest

    Can any one please explain, why did EUR/USD had such a huge bullish move?

    In the past, whenever ECB introduced additional QE the EUR vs USD was turning to the week side. Why this time EUR turned out to be bullish? Is this because of the deposit rate change from 10 points to -30?

    I have a hard time to understand the reasons. Can any one please explain it in plain English?

    Thank you.

    Source.
     
    paka, Dec 4, 2015
    #1

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