Euro Waits for Draghi’s Comments

Euro Waits for Draghi’s Comments

Euro waits meekly for the vector of a press conference of Mario Draghi this week after the meeting of the European Central Bank, which defined as the basic and traditionally the strongest factor in the short-term for the euro. EURUSD retreated from the maximum level, as traders adjusted their positions ahead of the event. European… Read more

ECB Kept Rates Steady

The main event of the week was the ECB (European Central Bank) interest rate decision and press conference and therefore prior to it market as doing absolutely nothing. The EURUSD started around 1.1300, and Monday and Tuesday slowly moved to the upside almost hitting 1.140, only for Wednesday the whole move to be reversed and… Read more

Binary Auto Trading?

There are many different opinions on binary options trading, and especially on automated binary trading. For many traders, binary auto trading makes more sense because: It is web based It is free in most cases It is integrated with binary brokers It is automatic Automatic trading has become one of the fastest growing financial niches… Read more

Light Week as Central Banks Stayed Put

It was a light week from the economic data point of view in the sense that despite the fact that two of the most important central banks in the world, Bank of Canada (BOC) and Bank of England (BOE) held monetary policy meetings, market barely moved on the releases. Bank of Canada on Wednesday left… Read more

There Isn’t Bullish Reversal for USD

FOMC statement dovish tone was a confirmation of our view that further strong economic reports to be seen to force Fed sentiment change to hawkish. American currency still has the potential to weaken in the near future. Consumer inflation is the main report to be released soon. We bought 4 binary option with the US… Read more