According to data from the U.S. Labor Department, producer prices in November and a monthly 0.4 percent,per year of 3.1% above expectations increased. Thus the annual increase in PPI, January 2012.since it was the highest. Annual ppi in October was 2.8%. Months of anticipation% 0.3% annual increase was 2.9. In response to an expectation of 0.2 percent in core consumer price index 0.3 %has increased. The annual increase was 2.4 percent in expectation. This is from the middle of 2014since the high…
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EURO Slowly Bleeding Lower.
I'm in a short EUR/USD trade with a TP set at 1.2369 but I'm second guessing myself now if I should move the TP lower.
US dollar has made a very impressive comeback today and with ECB interest rate decision and the following press conference in less than 48 hours there is a real chance that it will go much lower than the level around 1.2360. And there's NFP on Friday as well predicted to be another dollar fueling event.
For all those of you who are on that trade right now - how low do you thin…
US dollar has made a very impressive comeback today and with ECB interest rate decision and the following press conference in less than 48 hours there is a real chance that it will go much lower than the level around 1.2360. And there's NFP on Friday as well predicted to be another dollar fueling event.
For all those of you who are on that trade right now - how low do you thin…
EUR/AUR-Trade & Long Term Wiew
- In this blog i would like to explain my EUR/AUD trade idea ,how i got it and what is my wiew on long term for this pair.The trade idea come to me as i was conducting my daily analysis . O spotted an great opportunity in what looks like an inverted head & shoulder pattern.It is quite far from the regular look of the pattern but still in my eyes is very viable.
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