This is a very good sign for strong Euro. It proves that European Banks have much more depositors than creditors and hence they want to reduce their burden of overloaded vaults with no maintenance fee paid by depositors. Since depositors were still ...

ECB Said to Consider Mini Deposit-Rate Cut If More Easing Needed

ECB seems desperate to stop the strengthening of Euro. They are applying all policy changes to stop EURUSD from breaching 1.4000.Going by historical knowledge and past experience , no matter who say what ,we know that tapering is definitely not ...

ECB Said to Consider Mini Deposit-Rate Cut If More Easing Needed

What Europe is experiencing today is nothing like what it experienced during the crisis of Spain , Italy and Cyprus. When at those times EURUSD did not BREACH 1.2000 then we can be absolutely sure that it will not breach it now. What we can see in ...

Euro-zone PMI signals slowing growth for second successive month

What my long term target for GBPUSD is 1.6300+ .if it breaches 1.6400 then we are sure to see 1.6550 area before any long term, trend change is visible

GBP/USD – Continues to Struggle at Resistance at 1.6150