The euro is waiting for news

25.11.2014
The euro/dollar is stuck in place. There is absolutely no change during today's trading day in the main currency pair, of which it would be fashionable to speak of. 
 
In the morning statistics on the German GDP were released, the final value for the third quarter of 2014. The indicator increased by 1.2% y/y, as expected. Quarterly growth, as shown by preliminary data, was only 0.1%. And since the statistics were published unchanged, compared with the first estimate, the euro left them unattended. 
 
One gets the feeling that traders in the euro/dollar are saving energy before the upcoming publications - the first week of December will be extremely rich in terms of statistical data. 
 
Comments of the European Central Bank about stimulation are already priced in, but investors, naturally, still would like more certainty. Timing, volumes, and parameters - any of these nuances are important to represent the most immediate future of the euro zone. 
 
So far the main currency pair remains in a narrow trading range. 

RoboForex Analytical Department
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.