EUR/USD started the week in a quiet tone, settling in high range and consolidating the huge gains seen on Friday. Will the rally last? This is the big question facing everybody. The new month and new quarter are very busy. Before Draghi has his chance to complement the politicians actions with something of his own, fresh figures remind us that the economic situation isn’t as happy as the value of the euro. In the US, the first hints towards the NFP begin rolling out today.
Here’s an update on technicals, fundamentals and what’s going on in the markets.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-july-2-consolidates-big-gains-despite-doubts/"]EUR/USD Consolidates Big Gains Despite Doubts[/URL][/I][/B]
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