EUR/USD breaks below 1.3460 support, trendline next

FXstreet.com (Barcelona) - EUR/USD is getting hammered along Asia, yet again, after Fed's Fisher provided some juicy headlines for the pair to break below key support area at 1.3460, now facing ascending trendline around 1.3440.

Among the many headlines crossing the wires, the most relevant ones quoted Fisher saying: "It doesn’t see fed balance sheet growth exceeding mkt est", adding "fed should resume normal policy as soon as possibly can."

Nov 4, 2013

Flash: AUD/USD, upside potential near term - RBS

According to Greg Gibbs, FX Strategist at Royal Bank of Scotland, the Reserve Bank of Australia will have to acknowledge better sentiment and economic conditions at its monetary meeting on Tuesday, an outcome that coupled with the prospects of 'non-taper' by the Fed until March, at least, leads Gibbs to recommend an upside bias on the AUD/USD.

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Nov 4, 2013

EUR/USD breaks below the key 1.3489 support on Fed’s Fisher’s comments

The hits just keep coming – in a negative way – for the EUR/USD as the Federal Reserve’s Richard Fisher was just out on the wires with what the market is reading as very hawkish comments.

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