China will be boosting its gold reserves as the precious yellow metal only makes up a small share of its FOREX holdings. The country has yet to make an announcement on how much gold it will have in…
Posted in Fundamental Updates Tagged EUR/USD, Eurozone, Expert Commentaries, Forex News, Forex Trading, Leading Indicator, Macroeconomic Trends, Short-Term Forecast
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.