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Euro retreats 55 pips from 7 weeks and a half high

This downslide might be related to financial indicators data published earlier as Euro Zone ECB Marginal Lending Facility came out at 0.25, marks no change from the preceding figure. Meanwhile, Euro Zone’s Deposit Facility Rate (Apr) published today at 11:45 AM came out at -0.5. The indicator value matched both the projected value and the …

Euro retreats 55 pips from 7 weeks and a half high Read More »

dow jones will underperform soon, probably

Dow down to 33,971 as the trading session gets underway

In contrast, positive data for the Dow reported earlier when United States Initial Jobless Claims came out at 547,000, above the estimate of 617,000. This is also a step forward from the previous data of 586,000. United States Crude Oil Inventories came out at 594,000, above the estimate of -2.98 million. This is also a …

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