The output of goods and services produced by labor and property located in the United States — increased at an annual rate of 4.6 percent in the second quarter of 2014, according to the “third” es…
Posted in Fundamental Updates Tagged ECB, EUR/USD, Forex Analysis, Forex News, Leading Indicator, Macroeconomic Trends
The Euro hits 22 months low currently facing 1.2659 of 11/11/2012’s low. The weekly chart S3 is 1.2712, so I focus downward to 1.25xx level as weekly price&timing method.
Posted in Financial News, Fundamental Updates, Market Updates Tagged ECB, EUR/USD, Eurozone, Interesting Rate, Macroeconomic Trends
The interest rate on the main refinancing operations of the Eurosystem will be decreased by 10 basis points to 0.05%, starting from the operation to be settled on 10 September 2014.
Posted in Financial News, Market Updates Tagged Forex News, GDP, Leading Indicator
Personal consumption expenditures (PCE) increased at a 3.2% annualized rate, and residential investment increased 12.6%. However equipment and software increased only 3.0%, and non-residential inve…