Forex: EUR/USD Rebound To Be Short-Lived The Euro extended the advance from earlier this week to reach a high of 1.3824, but the short-term correction may taper off in the days ahead as the fundamental outlook for Europe deteriorates. Indeed, the European Union saw a risk that the economy may come close to stand-still towards the end of the year, and lowered its forecast for inflation as the balance of risk remains tilted to the downside. The statement reinforced the cautious tone held by the European Central Bank and there seems to be an increased reliance on the ECB to address the risks for the region as the ongoing turmoil within the financial system bears down on the real economy. In response, ECB board member Ewald Nowotny encouraged the EU to quickly strengthen the European Financial Stability Facility, and went onto say that the central bank may have to reconsider its bond purchases should policy makers fail to broaden the scope of the bailout fun
The Euro is expected to remain depreciating steadily during the next year and a half, according to the Wells Fargo FX Monthly Outlook, where the Euro is seen declining to 1.3200 over the next three months to 1.3000 in six months and 1.2700 in one year time..
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (1 year ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (1 year ago)
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Nasdaq100 Update
Since entering Nasdaq100 Longs on Monday at 18550, we kept accumulating and locking gains until 19230 yesterday and 19380 today.
View Hot-Chart..
The Euro extended the advance from earlier this week to reach a high of 1.3824, but the short-term correction may taper off in the days ahead as the fundamental outlook for Europe deteriorates. Indeed, the European Union saw a risk that the economy may come close to stand-still towards the end of the year, and lowered its forecast for inflation as the balance of risk remains tilted to the downside. The statement reinforced the cautious tone held by the European Central Bank and there seems to be an increased reliance on the ECB to address the risks for the region as the ongoing turmoil within the financial system bears down on the real economy. In response, ECB board member Ewald Nowotny encouraged the EU to quickly strengthen the European Financial Stability Facility, and went onto say that the central bank may have to reconsider its bond purchases should policy makers fail to broaden the scope of the bailout fun
iggy .. what channel? this one?