cmureza Posted May 28, 2014 Share Posted May 28, 2014 Hi every body Here I'm going to share my fundametal analysis. just enjoy it Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 28, 2014 Author Share Posted May 28, 2014 Euro / dollar continues to recover 27.05.2014 This Tuesday morning the main currency pair is trading at an increase, using the background information as the support for a technical rebound. Thus, recovery of the euro/dollar continues for the second day in a row. This is the technical rebound, the market has patiently waited for, and it should prove to be productive. On the one hand, some support for the euro/dollar came from the comments by the head of the European Central Bank, Mario Draghi, who spoke yesterday at a conference in Portugal. The ECB, in general, once again confirmed that it would act if inflation proves weak. And we remember that the main cause of the weakening of inflation was earlier called by Draghi – an expensive euro. The parallel is obvious: if inflation is not rehabilitated, the ECB will put pressure on the euro. During the previous week the decline in the euro/dollar exceeded 100 points, the pair moved consistently and predictably. Now a technical correction may well raise the instrument to around 1.3695. This afternoon interesting statistics on the U.S. economy will be released, including a report on orders for durable goods in April. Surprises are not excluded, and it is not a fact that they will be the pleasant kind. Quote Link to comment Share on other sites More sharing options...
cmureza Posted May 28, 2014 Author Share Posted May 28, 2014 The Japanese Yen keeps investors in suspense 27.05.2014 The USD/JPY pair retreats once again, but prospects are quite positive: it is possible that the instrument will soon return to a recovery process. Japanese yen has long been unsurprising with the logic of it’s movements, but the previous wave of recovery in the USD/JPY pair, contrary to expectations, was very short - only three days, though that allowed to retire from the local minimum. So far the "bullish" targets are as follows: 102.22, 104.13 and 107.50. However, in order to head in that direction, a driver is needed. From a fundamental point of view, the Japanese economy is now more or less stable. The Bank of Japan is monitoring the reactions in the economic system after the April growth of the sales tax rate. Here everything is more or less transparent: an increasing tax level will somewhat slow down the strengthening of the GDP, but it was necessary. The BoJ is ready to expand the incentive program, if required by real conditions. At the moment that asset repurchase program is 60-70 trillion yen per year. By the way, the program has no time constraints. Quote Link to comment Share on other sites More sharing options...
letter5 Posted June 24, 2014 Share Posted June 24, 2014 well i think that it is good things for dollar and euro currencies because it is the most popular currency that every body can use all over the world without having any complain of not be able to use it. Quote Link to comment Share on other sites More sharing options...
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