Forex Trading Euro Vs Dollar Today

The movement of the exchange rate of the Euro has been trading since the beginning of the previous trade trends continue, the more powerful in the European session in the middle of the day (15/12) by sentiment ZEW survey which showed increasedoptimism towards the economic prospects of Germany.

ZEW survey showed investor confidence index in December increased to 2consecutive months after October had fallen to position the worst assessment since2014. This Sentiment Indicator rises more than expected 5.7 points become 16.1 in December. This is the highest score since July, when that moment 29.7. In thisassessment is estimated to rise to a position of 15 index points.

The movement of the us dollar index trades observed this afternoon trying to risefrom the weakening of outset of trade responding to U.S. inflation data indicated the downturn shows data from the previous period.

The movement of the exchange rate of the Euro in the European session (10:00:35 GMT) moving down against the u.s. dollar, after opening weak at 1.0992 in early trade (00.00 GMT), the exchange rate of the Euro rise 17 pips or 0.1% and scrolling values are at 1.1009.

For the next trade until the closure of the trading session ended America tomorrow morning, analyst Vibiz Research Center estimated the pair EURUSD can rise toresistant 1.1045 range but if the dollar goes up then pair up and down can return to a position of support 1.0942.