EUR/USD continued to improve on yesterday’s post FOMC gains, as market sentiment was positive for the euro as French and German PMIs were mostly positive. However, market sentiment could quickly shift over worries about the Greek crisis and a possible Grexit, as the Greek PM meets with European leaders to request an extension of the bailout package. After a very quiet week in Europe, there are a host of Euro-zone releases today. In the US, highlights include Unemployment Claims and New Home Sales.
Here’s an update about technical lines, fundamental indicators and sentiment regarding EUR/USD.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-aug-23-rising-steadily-after-strong-european-pmis/"]EUR/USD Rising Steadily After Strong European PMIs, QE3 Hints[/URL][/I][/B]
Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
English
Español
Français
中文
Deutsch
Italiano
العربية
Sverige
Ελληνικά
Go to Profile
Mark as Read
