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EURo opens lower after German election

al_dcdemo Опубликовано 25 Сент. в #Trader's blog #Support #Resistance #EUR/USD #Gap #Angela Merkel #D1 Chart #German Election #Cdu #Afd

German election concluded largely as expected. Angela Merkel will serve her fourth terms as Chancellor, however, her party (CDU) will have to seek coalition partners. In addition, a far-right party (AfD) will be represented in parliament for the first time since WW2.
EUR/USD didn't like it and opened with about 50-pip gap lower. The gap was closed by the end of the Asian session but the pair headed back towards the lows as Europe opened for business. 1.18 - 1.185 is the current range support and…

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George Soros champions Eurobonds

annatimone Опубликовано 8 Окт. в #Miss Dukascopy 2013 #Eurozone #Germany #Angela Merkel #Eud #George Soros #Eurobonds

George Soros is out with his latest commentary. He believes Germany must champion a plan to convert all outstanding European debt into Eurobonds.
Failure to seize this moment would, I believe, lead to the disintegration and eventual collapse of the European Union.
Of course, many countries have lived through nightmares and survived. But the EU is not a country; it is an incomplete association of sovereign states that will not survive a decade or more of stagnation.

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EURo opens lower after German election

George Soros champions Eurobonds

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