SubscribeDaily Forex Commentary for May 6, 2009
May 5th, 2009 • Related • Filed Under
May 6, 2009
ECB Hang-Ups Pressure Euro
The Euro was under pressure all day as traders were reluctant to hold on to long positions ahead of this week’s central bank meeting. Much of the selling pressure was related to concerns over the Euro Zone economy and the upcoming actions by the European Central Bank later this week.
On May 7th the European Central Bank meets to decide the future direction of interest rates for the European Union. With the European Union just this past weekend issuing a forecast of a severe …
Read More …
More on this topic
(What's this?)
Wired Forex Trades
(Think in Trading, 5/1/09)
4 Super Quick Ways To Increase Profits In Forex
(Think in Trading, 9/14/09)
A Great Forex Trading System Anybody Can Use
(The Wild Investor, 9/27/09)
Loading ...
