Euro usd for the week april 29
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The information contained herein is derived from sources believed to be reliable, but of which we have not independently verified. CenturyFinancial Brokers L.L.C. (CFB) assumes no responsibility for errors, inaccuracies or commissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon this information. DISCLAIMER: This overview can be used only for informational purposes. CFB is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. Current Market Price 1.3031 Target 1.2837 Stop Loss 1.3225 Recommendation Sell at Current Market Price Euro-USD Analysis 28 th April, 2013 (For the Week April 29– May 03)
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Transcript of Euro usd for the week april 29
The information contained herein is derived from sources believed to be reliable, but of which we have not independently verified. CenturyFinancialBrokers L.L.C. (CFB) assumes no responsibility for errors, inaccuracies or commissions in these materials, nor shall it be liable for damages arising outof any person's reliance upon this information. DISCLAIMER: This overview can be used only for informational purposes. CFB is not responsible for anylosses arising from any investment based on any recommendation, forecast or other information herein contained.
Current Market Price 1.3031
Target 1.2837
Stop Loss 1.3225Recommendation Sell at Current Market Price
Euro-USD Analysis
28th April, 2013
(For the Week April 29– May 03)
Euro-USD Analysis
The information contained herein is derived from sources believed to be reliable, but of which we have not independently verified. CenturyFinancialBrokers L.L.C. (CFB) assumes no responsibility for errors, inaccuracies or commissions in these materials, nor shall it be liable for damages arising outof any person's reliance upon this information. DISCLAIMER: This overview can be used only for informational purposes. CFB is not responsible for anylosses arising from any investment based on any recommendation, forecast or other information herein contained.
The euro, might come under pressure this week as the European Central Bank is expected to trimbenchmark interest rates 25 basis points at its monetary policy meeting next Thursday. 2013 eurozonegrowth forecast has been cut to -0.7% from a previous forecast of -0.5%.Slumping European industrial output reports, soft service-sector data and eroding business confidencedata have many market participants speculating the ECB will move to loosen policy to kick-start recovery.In view of the monetary policy meet where we expect the ECB to cut rates, we would advise our traders togo short on the Euro.
