REPORTS AND COMMENTARIES
Latest Reports
EVENTS AND NEWS
Current Market News
Economic_Calender
Market News Headlines
Upcoming Economic Events
RATES
Live Currency Rates
Currency Converter
Exotic Currencies
Cross Rates
Interest Rates
Interest Rate Calender
CHARTS
Live Streaming Charts
FX Power Chart
FXtrek Chart
FX Advance Chart
BROKERS
ADVISER
Services
The World's Premier Forex Information and Media Portal
 

Category Forecasts

Title

ECB to hold the interest rates as low as possible

>
Frequency Daily
Category Forecasts
Area Europe
Download Report Not Specified
Company Name ForexStrategy Team
Website Name www.forex-strategy.com
Time Submitted Jul 5 2010 5:18AM GMT

Header

EUR/USD (1.2543)
European & US sessions forecast levels: 1.2165/1.2670
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus:
Daily Strategy: Speculations and rising concerns for the U.S. economic growth is one of the major reasons for the weak dollar. The Friday’s Non-farm payrolls report show bad news for strong cutting jobs while the Unemployment Rate fell to 9.5%. In Europe the rising debt crisis signal that the European Central Bank will keep the interest rates at the possible low level for longest time. For today is expecting mix trading with movements into both directions. The dollar may slowly recovery against the euro.

Forecast by FS Team - For more forecasts and signals visit - www.forex-strategy.com



About US |  Risk Warning |  Terms of Use |  Privacy Statement |  Contact Us |  Link
Copyright @ Everyforex.com. All Rights Reserved. United States of America.

Disclosure and 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 invest in 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. Opinions expressed at EveryForex.com are those of the individual authors and do not necessarily represent the opinion of or its management. We have no responsibility to ensure the accuracy of the information. All information on this page is subject to change. The use of this website constitutes acceptance of our Terms of Use and User Agreement.