$EURUSD Update And Levels
Sunday, March 3, 2013
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Keep In Mind :
- There will be further concerns surrounding Italy given a sharp monthly deterioration while the French data remained deeply worrying .
- The flash Euro-zone inflation rate declined to 1.8% for February from 2.0% previously which will increase potential justification for a cut in interest rates
- Draghi will be extremely aware of the dangers of keeping policy too tight and there is a strong possibility
that he will look to force a rate cut through at this meeting despite Bundesbank opposition .
Re-Short EURUSD With Tight Stops , Check The Chart Below .
Ayman Khlifat On Twitter :
Follow @aymankkhlifat
Keep In Mind :
- There will be further concerns surrounding Italy given a sharp monthly deterioration while the French data remained deeply worrying .
- The flash Euro-zone inflation rate declined to 1.8% for February from 2.0% previously which will increase potential justification for a cut in interest rates
- Draghi will be extremely aware of the dangers of keeping policy too tight and there is a strong possibility
that he will look to force a rate cut through at this meeting despite Bundesbank opposition .
Re-Short EURUSD With Tight Stops , Check The Chart Below .
Ayman Khlifat On Twitter :
Follow @aymankkhlifat
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