EUR/USD forecast: inflation gate crashes ‘parity’ party - ForexLive

The patience of the traders betting on the quick fire drop in the Eurodollar pair to parity is being tested.

ForexLive Director Ryan Littlestone says it is the rise in the Eurozone inflation that is being a spoil sport. He adds, it will be very difficult for the ECB to resist adopting a hawkish stance if the inflation continues to rise in 2017.

Listen to the full segment as Littlestone details the technical patterns and key levels in the light of the macro developments and sheds light on his trade of the day.

#EUR/USD, #forex, #currencies, #trading, #technicals, #fundamentals, #macro, #inflation, #indicator