Intraday Market Thoughts

EURUSD at 11-yr Low

by Ashraf Laidi
Jan 16, 2015 17:16

EURUSD tumbled by another 200 pips to hit an 11-year low at $1.1460 as USD broadened gains on traders' increased realisation that yesterday's Swiss National Bank decision to end the EURCHF peg was an implicit vote of confidence for the US currency. Full chart & analysis.

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EURUSD at 11-yr Low - Eurusd Monthly Jan 15 (Chart 1)


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