Mixed Stock Markets The European stock markets have been mixed, with the DAX down and the FTSE up for the day. We had mentioned a few times earlier that the DAX is likely to be under pressure in the short and medium term with all the talk of tapering. Even a strong consumer confidence data … Continue
Investing.com - The U.S. dollar was nursing losses at 13-month lows against a basket of the other major currencies on Thursday after the Federal Reserve’s latest policy statement indicated that it may not raise interest rates again this year.
The Euro continues to attract buyers. It made big gains against the U.S Dollar after the Federal Reserve’s rather dovish policy statement on Wednesday. Resistance levels have been broken through by the upwards advance of the Euro and it is trading near highs made a couple of years ago. Euro Testing High