ikonfx

Ikon forex “EUR/USD got stabilized at around 1.3100, fluctuation expanded last night”

Rate this Entry
Early in the forex market on Wednesday (December 29), the forex price of EUR/USD got stabilized at above 1.3100, and in the previous night this forex price fell from above 1.3200, and the lowest point it had temporarily reached was at 1.3090.

Forex analyst said there’s news saying that ECB had bought in national debts form EU member countries worth of 11.21 Euros, the scale of the debt buying had expanded by one times compared with that of the previous week at 0.603 billion euros. After that, the forex price of EUR/USD started to fall from a high point at around 1.3200.

Jones claimed due to the dim fluidity,in the forex market, the fluctuation of this forex price expanded. There would be no economic data released on Wednesday, and whether the Asia-Pacific forex market would still be affected by the appreciation action of China could be paid attention. It is predicted that the forex price of EUR/USD would get support at 1.3070, and the obstacle point would be at 1.3200.

The forex price of EUR/USD would be at 1.3110/12 at 07:26 Beijing time.

Edited by Laura in Ikon Group.

Submit "Ikon forex “EUR/USD got stabilized at around 1.3100, fluctuation expanded last night”" to Digg Submit "Ikon forex “EUR/USD got stabilized at around 1.3100, fluctuation expanded last night”" to del.icio.us Submit "Ikon forex “EUR/USD got stabilized at around 1.3100, fluctuation expanded last night”" to StumbleUpon Submit "Ikon forex “EUR/USD got stabilized at around 1.3100, fluctuation expanded last night”" to Google

Categories
Forex Rumors

Comments