After record lows, Euro rebounds

After record lows, Euro rebounds

By: James Ansher | Where To Trade | On:Tuesday, 06 December 2016
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  The Euro was steady near its recently three-week high,rebounding from its 20-month low that was set in the previous session. The record low was set due to Italian referendum last week, that changed the political stage in Italy.

Italian Prime Minister Matteo Renzi declared that he will submit his resignation on Tuesday, his declaration tumbling one more time the euro.

But clues that the Italian govern won't hold early elections started to support the Euro, and analysts all over the world say that the idea of election hold next year is more plausible. 

ECB will meet on Thursday, discussing policies and investors and traders are cautious before the meeting.

This is because specialists say that ECB is likely possible to announce an extension on its quantitative easing program, making the stimulus program extend its existence.

 

James Ansher

James Ansher

When there is a will there is a trade

A successful Forex trader and expert advisor

Citigroup Inc. is to pay $25 million amends

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By: Simon Furman | Where To Trade | On:Thursday, 19 January, 2017

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Netflix added 7.1 million new subscribers

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Gold prices tumbled on Thursday, during the European morning trade

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By: Oliver Miller | Where To Trade | On:Thursday, 19 January, 2017

The gold prices dropped below $1.200

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Citigroup Inc. is to pay $25 million amends

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