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Comment on the situation on a market 06.03.14

USD still has good perspectives for a growth

Most likely ECB will have to take quite difficult decision today. On one hand, Euro Zone economy is still struggling from high unemployment rate which is yet to show any reduction signs, PMI slowdown and many other problems including Ukrainian crisis and …

Comment on the situation on a market 05.03.14

Euro will continue to decrease

EURUSD hit the local maximum recently and is quite “expensive” not to disturb Euro Zone economic recovery. Announcement by French Government saying that high Euro does no good for French economy just prove it.

In case American ADP non-farm data will be better than expected …

Comment on the situation on a market 04.03.14

It makes sense to sell EUR on the up-trend

It looks like EUR will remain under pressure despite the fact that Mario Draghi is expected not to continue further monetary policy mitigation. We believe that on the next meeting which will take place this Thursday ECB president can announce his …

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