TradingSig

DAX Index_Update

Long
XETR:DAX   DAX Index
Eurozone markets were buoyed by the depreciating Euro Dollar and British Pound and added in a push of the Asian stock markets which were open. Surprisingly enough, the US Dollar has some life back in it merely as MSM media is writing it off! Thursday we got a respectable plus 0.5% rally in the DXY Index with the trader's talk of short-covering punching many screens. This has aided rebalance Eurozone stocks, such as German DAX. We were treated to between 2% and 3% increases across the trading boards.
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