Low volatility of the European markets

Forex Binary trading, EUThe latest Forex trading news is centered around the relatively low volatility of the European markets this past week. With no major events in the economic calendar and few developments in European politics, trading has been light although we have finally seen a slight recorrection of the Euro’s performance against the value of the dollar. Some see this as a sign of an important top and therefore possibly a resistance level while others are cautious as they observe that the Euro is still impressively above the multi-year low seen in July.

Spain’s 2013 budget

One major factor which will not only play directly into Forex trading but affect overall market sentiment is the impending announcement for Spain’s 2013 budget. Most expect further austerity measures to be put in place; possibly causing yet more political and civil unrest in the country. Furthermore, analysts are beginning to agree that any further fiscal cuts represent an inevitable prelude before Spain › Continue reading


Tuesday, September 25th, 2012 europe No Comments

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