1. Hello Guest Click here to check FX Binary Point Financial Directory

DAX: More weakness or rebound in February?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    The impact of the Bank of Japan’s surprise move to cut interest rates into the negative was swift overnight as the Nikkei led a global stock market rally. This ensured that at least in Japan, stocks would close significantly off the recent lows. But this has nevertheless been the worst ever start to a year for global stocks. Money managers may therefore decide to significantly reduce their equity holdings as they rebalance their portfolios ahead of the new month. They don’t want to be stuck

    Continue reading...

Share This Page