EUR/USD: A Perspective on the Last Seven Months

The U.S. Federal Reserve announced QE3 on 13 September of last year. From 14 September through 23 April (yesterday), the average EUR/USD daily close price has been just shy of 1.3070.

Today, the euro has basically straddled the 1.30 psychological level. As I type this post minutes after the European equity market close, the euro is virtually unchanged from its 13 September close.

Curt Wehrley
Twitter: @fxcoachcurt
FX Strategist [Series 3, 34]

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