The deflation in the euro zone pushes the euro to the $ 1.11 level.

October 1, 2015

Sell on a level breakthrough of 1.1100 with 1.1015 target. Stop loss = 1.1150.

Reason for the trading strategy

Yesterday's rise in the European stock markets and the euro's decline reflects expectations of future expansion of the ECB asset purchases program in September against the background of increasing deflationary processes in the euro zone. Last month, inflation in the euro zone was minus 0.1% (y/y).

Publication source
EXNESS information  EXNESS reviews

October 28, 2016
Calm before the storm?
The main interest on the majors overnight has been the move above the 105.00 level on USDJPY, which has continued the weaker yen theme prevalent through most of the month. Data overnight showed the core inflation rate (ex-fresh food) remaining in negative territory at -0.5% YoY...
October 28, 2016
NZ bounces of key support levels
NZ trade balance data rattled the NZ economy yesterday as it came in below expectations at -1.436B NZD....
October 27, 2016
Sterling falls notwithstanding UK GDP
On Thursday, the British pound sagged against the greenback, notwithstanding data on third quarter growth showing that Britain’s economy shrugged off the immediate shock of the Brexit referendum... Rating
XM Rating
FIBO Group Rating
Orbex Rating
Larson&Holz IT Ltd Rating
HotForex Rating

Anyoption Rating
Binary Brokerz Rating
OptionsXO Rating
OptionFair Rating
Beeoptions Rating
TropicalTrade Rating