The EUR/USD 's next target :


Dear trader,


The European currency jumped Monday night up to the 1.4433 level shortly after the Greek Government won the confidence vote as expected.

Today investors are awaiting FED Chairman Ben Bernanke’s press conference at 5.30 p.m GMT which will focus on the United States of America’s growth.

The gold stabilized in Asian trading this morning at the 1545 levels with investors awaiting  the result of the Federal Council meeting which may affect the U.S. dollar and henceforth gold.
Additionally, the dollar index, which measures the value of the US currency against a basket of six major currencies, slipped to its lowest level in the week at 74.516 after recording a peak of  76.015 last week.




MBCFX Forex & CFDs Brokerage Firm