EUR/USD Forecast: Sellers to retain control unless Euro clears 1.0650

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EUR/USD closed deep in negative territory on Monday and dropped to its lowest level since March at 1.0570 in the Asian trading hours on Tuesday. Altho

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY .

In the second half of the day, Conference Board will release the Consumer Confidence Index data for September. In August, this data dropped to 106.1 from 114 in July and caused the USD to lose some strength with the immediate reaction. A similarly big decline in the Consumer Confidence Index could limit the USD's gains in the second half of the day., EUR/USD could find it difficult to rise steadily.

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EUR/USD Forecast: Market fears favor a bearish breakoutThe US Dollar started the week with a firm footing, resulting in EUR/USD trading as low as 1.0619. Following central banks' mostly hawkish decisions
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