ECB President Draghi Speaks

drg.jpg

Technical Analysis Daily Majors & Minors

• GBP/JPY climbed yesterday above 186.00 for the first time since October 2008. Peaked at 186.10 but then pulled back, trimming daily gains. But for how long will this bullish trend continue?

• USD/JPY – is adding to its bullish trend despite the sharp reversal in Europe/US, but for how long will this trend go for before reversing?

Quick Daily update

• In a surprise move, the UK government has withdrawn its legal challenge to EU legislation that caps the level of bankers' bonuses.

• Executives from three US banks are being questioned by senators over accusations the banks engaged in unfair trading practices relating to several commodities.

• The acting chief executive of troubled payday lender Wonga - appointed to bring stability to the troubled firm - has stood down after just five months.

• Google and patent consortium Rockstar - which includes Apple as an investor - agree to settle a patent litigation suit.

Daily News To Watch

Friday, 21st November 2014 Previous Forecast Actual

08:00am EUR ECB President

Draghi Speaks - -

13:30pm CAD Core CPI m/m 0.2% 0.2%

Featured Posts
Recent Posts
Archive
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
Search By Tags

 

The information and content held within this website has been created by Forex Masters and are for educational purposes only. Forex or stock trading has no guarantees. There are many factors including general economic conditions that can have an impact on your investment and past results are not indicative of the future. Spread betting and CFD's can put your money in jeopardy, as the financial or stock markets can move quickly and go up and down against your investment. Invest with capital which is reasonable to you as the investment may fail meaning you lose it plus have to pay additional money. Spread betting is not for everyone, so make sure you fully know the risks and get guidance from a professional trader if required.

 

Risk warning: Trading Foreign Exchange (Forex) and Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, CFDs may not be suitable for all investors because you may lose all of your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience.

 

© 2015 by FOREX MASTERS