S&P500 gains a lot in the past week, is this the end or the downtrend? is it the bottom?
We should monitor the main levels here at $4200, it will tell us!
In today's #marketinsights video recording I analyse EURUSD, USDJPY and GBPUSD
#Euro down on:
- Disappointing German Manufacturing PMI (actual 41.4 vs expected 44.1 vs previous 43.5)
- ECB could have made a mistake talking somewhat 'neutral'
- Draghi's speech hinted to high uncertainty, decision-making harder and harder
#Yen down on:
- Disappointing Japanese...