OctaFX | OctaFX Forex Broker
main_menu_masthead_awards
Konto eröffnen Anmelden
de
    OctaFX | OctaFX Forex Broker
    Anmelden
      Konto eröffnen
      Back

      Volkswagen woes sweeps the Euro against majors– SocGen

      FXStreet (Delhi) – Research team at Societe Generale, suggest that it's unusual for events in a single company to become a driver of global markets but that's what is happening now with Volkswagen.

      Key Quotes

      “The woes of the world's second-biggest car manufacturer are doing nothing for economic optimism or risk appetite and they are undermining the euro, against both dollar and yen.”

      “Both the pairs are now camped-out below their 200-day moving averages and looking a bit sickly. Because the driver of the downturn in mood is so company-specific I'm not sure the foundations of the euro's fall are terribly solid, but as the news-flow goes on the move can gain a momentum of its own.”

      AUD/USD could test 0.70 – OCBC

      Emmanuel Ng, FX Strategist at OCBC Bank, sees the possibility that the pair could test the key 0.70 handle...
      Mehr darüber lesen Previous

      USD/JPY bearish below 120.35/80 – Commerzbank

      The pair’s outlook remains negative while below the 120.35/80 area, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank...
      Mehr darüber lesen Next
      Start livechat