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Comment on the situation on a market 24.02.14

All attention on European and German statistics today.

Quite weak data regarding US economy which is as they say due to cold winter in North America continue to have a negative impact on USD. All the factors make it impossible for US dollar to start rapidly growing against EUR. At …

Technical review of the EUR/USD 24.02.2014

On the last weekend ECB president Mario Draghi announced in Sydney that the next ECB meeting which is supposed to take place next week will be vital. Most likely he is right. According to the latest data Euro Zone CPI has dropped by 1,1% (prediction 0,8%) compared to the last …

Comment on the situation on a market 18.02.14

Euro can get under pressure today

Latest data about European GDP supported Euro currency as it decreased the danger of deflation and thanks to ECB forecast regarding inflation growth continuation in the next several days to 2,0% EURUSD is being traded at 1,3700. But even though there are lots of …

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