The situation in euro-zone with its growing political risks has enabled the American to win back its positions. First the EUR/USD quotation has hit the point of 1,18500 aiming at 1,18000, and now it is trying to secure an even lower point.
Larson&Holz analysts leave open the possibility that the quotations will roll back to the mid-August values and are stating the EUR/USD aim at the point of 1,16800. The majority of Larson&Holz analysts expect Janet Yellen, the Head of Federal Resrve System, to be less cautious in her speech than Mario Draghi, the President of the European Central Bank. Meanwhile Mr. Draghi has not managed to make traders and investors believe that Euro would keep its upward trend.