Saturday, January 15, 2011

Brazilian Hard Wax Ottawa

Forex Market: increases in sight for the Euro?


Qualche segnale di ripresa dell'euro comincia a vedersi in questo inizio di Gennaio.
Technical analysis provides us with long signals, due to several factors, including the rupture, which occurred on the 13th, the daily downward trendline that showed a downward movement of the euro dollar cross, in place since last November.
Another strong point for the single currency comes from study of volumes, up on rises and falls down on, this is a sign that there is more pressure on prices by the buyers, compared with EUR sellers. It would appear therefore that the strong hands take action when it comes to buying euro and leave the pitch to the sellers in times of decline.
From the point of view of we note the strong fundamental leap German GDP and recovery of employment in Germany, also on a prospective basis, compared with conflicting data in the U.S. labor market.
Against the euro instead of playing the recurring tensions on the public debt of PIIGS, however, a little 'watered down after the favorable placement of bonds Portuguese .
The gap between short-term rates remains quite evident, with the Euribor 3 months to 1% while the Libor is nailed all0 0.30. Dynamic that it too has its importance since the funds are attracted by better remuneration.
Infine i mercati azionari appaiono in buon recupero e questo gioca generalmente a favore della divisa europea.

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