EUR IS NEUTRAL

Jul 06, 2012 06:14 am

haney398 User

Posts: 21
Member since: 05/07/2012

Despite the expected rate cut by the ECB, EUR weakens on disappointment that Draghi was worried that
some risks to growth have materialised but had refrained from hinting any future easing

Market Highlights and Technical Analysis
06-Jul vs USD 1.2391
Daily change: -1.04%
Daily high: 1.2538
Daily low: 1.2362
Support*: 1.2253
Resistance*: 1.2638
(-) ECB cute rates by 0.25% in July
(+) EU agreed to offer Spain a rescue package of Euro 100 bil

Support

Platform

Mobile

Legal

English فارسی საქართველო العربية Español Deutsch Français Português Italiano Türkçe 中文 اردو Русский

Risk Disclaimer

FxStat Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom under FCA Firm Reference Number 537787. FxStat is a company registered in England and Wales under registered number: 07212997.

Trading foreign exchange ("Forex"), Commodity futures, options, CFDs and SpreadBetting on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange ("Forex"), Commodity futures, options, CFDs or SpreadBetting you should carefully consider your monetary objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your deposited funds and therefore you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange, Commodity futures, options, CFDs and SpreadBetting trading, and seek advice from an independent advisor if you have any doubts. Past returns are not indicative of future results.

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. The broker/dealer and the referring broker will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Any information, recommendation or promotion whether by email, newspaper or flyer, and not limited to any communication method that directly or indirectly links to any area of FxStat website must state that the promoter is not affiliated with FxStat and that any claims made are not endorsed by FxStat in any way.