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ECB Confidence Drives the Euro Higher

The euro surged Thursday following comments by ECB President Mario Draghi after revealing the decision to leave interest rates unchanged in the Eurozone.  The steady hold in rates was expected, but the euro jumped over 1% despite Draghi’s efforts to leave discussion of tapering the €60 million a month bond-buying program out of his official comments.   492 more words

Economics

Emmanuel Macron and the Resurgent Euro

French President Emmanuel Macron has enjoyed quite the successful 2017.  On May 14th he officially took office, becoming the youngest President in French history at the age of 39.   696 more words

Economics

Buy Euros if German 10-yr yield breaks abv. previous week's high

Expanding channel breakout confirmed last week
Yield sought support of the channel ceiling earlier this week and is now staging a rebound
A break above the previous week’s high of 0.58% would open doors for 0.67% (weekly 200-MA) 44 more words

Forex

Market Update | 28 June 2017 | Draghi's Hints Have Profound Effect on the Euro

The Euro’s bullish upmove was triggered when Draghi expressed his confidence in inflation and revealed that he just might be ready to change the accomodative policy. 194 more words

Market Update

E. 42

Film Bw 135

Boundary on Chunnel

BOE drive a market price to my pending sell limit order from yesterday.

that there could be a chance.

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