The big slide in EURUSD that came from the initial move in Summer of 2014 was largely due to the fact that the Euro zone and the United States were diverging on monetary policy.
Over the larger part of this year however, we've seen the market price in most of the Euro zone's efforts, as well as the United States, which started seeing more skeptics as we approached year end, over a rate hike.
This past week, we have once again had confirmation, that the two economies are in fact continuing down t…