Summary Tuesday:
Strengthening of the dollar today was due to profit-taking after reaching yesterday's highs at 1.1129. Additional support for supply was dodarcie to the trend line drawn on the tops of 29 June and 10 July. Today also begins a two-day Fed meeting at which decisions may be adopted about interest rate hikes. Market expectations assume increases in...
Summary Monday:
Today, we saw strong growth in around 1.1129. In the first part of the demand a good data from Germany. The Ifo business sentiment index was better than expected, which was a surprise given the recent turmoil with Greece. Then we got to know better US data that has been ignored by the market. Euro at the end of the day it was still strong and...
Summary of last week:
The euro strengthened against the dollar which may slightly surprising, given the recent readings from Europe and the USA. It is worth mentioning that the readings from Europe were worse or mixed, while data from the US good and agree with the notion that the US economy is doing well. The opening took place at the level of 1.0831 and at the...
Summary Wednesday:
Today's session is slightly decreasing, despite better data from the US. The market today has not used the chance to lead to stronger price reductions on the EUR / USD pair. In my opinion this is only a pause, and if tomorrow's US data, confirm the improved condition of the US economy is certainly see lower price levels. Today, the minimum...
