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Forex: Technical analysis EUR/USD 07/02/13.


News background:
The market expects the ECB's rate decision and attempts to identify what M. Draghi will say about political issues in Spain and Italy. If he says something negative, it certainly would put pressure on the euro.

Technical picture:
From a technical point of view, a pair remains in …

European premarket 02/06/13


The market expects the ECB meeting tomorrow ...
                
European stock markets closed in positive territory thanks to statistics from the U.S. and Europe. PMI data for the services supported by the eurozone market, the U.S. non-manufacturing sector data also showed that there is an increase in activity in …

Fundamental review 02/06/13


U.S. dollar continues to fall...

The continuing sharp decline in the yen against the euro and the U.S. dollar amid reports of an earlier retirement of the current Prime Minister Shirakawa also supporting the growth tendency of investors to the risky game. Desire means the depreciation of the national currency …

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