September 25, 2014
Have a read of this article. Seems like its a season of referendums this year. http://www.thelocal.es/20140925/catalan-leader-artur-mas-to-call-self-rule-vote-on-saturday-catalonia-independence
September 25, 2014
After the minor correction at the start of week, USD continues to charge higher, helped by speculation of further action from other central banks. EURUSD broke below the March 2013 lows of 1.2745-50 early doors in London and briefly traded on the 1.27 handle. Spot is now hovering around 1.2730. We think the selloff may… View Article
September 25, 2014
As Lithuania sets to become the 19th member of the Eurozone to adopt the Euro currency, Mario Draghi is in Lithuania to address the press. Here is the summary of Mr.Draghi’s speech: The euro area benefits from Lithuania’s accession in at least two ways: first, Lithuania has shown that adjustment is not only necessary, but… View Article
September 24, 2014
Actual:104.7 Forecast:105.7 Previous:106.3 Once again the figure has come out lower than expected for a 5th straight month. We did not see an immediate reaction in the currency markets, however could be early signs of a potentially even weaker Euro in the longer run.
September 24, 2014
S&P 500 has formed a double bottom on an hourly chart around the 1976 mark and has began its move on the upside. If it continues to climb and break through 2012.4, I can potentially see the S&P break the record high of 2023 and continue to make a move on the upside!
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