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  1. EUR/USD Risks Another Test of Key Support as U. of Michigan Improves

    by , 05-16-2014 at 11:34 AM
    - U. of Michigan Confidence to Improve for Second Consecutive Month.
    - Print of 84.5 Would Mark the Highest Reading Since July.

    Trading the News: U. of Michigan Confidence

    A second straight rise in the U. of Michigan Confidence survey may spur a further decline in the EUR/USD as the ongoing improvement in the world’s largest economy puts increased pressure on the Federal Reserve to normalize monetary policy sooner rather than later.

    What’s Expected: ...