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European Market Update: Europe Showing Resilience Amid Asian Sell-Off

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 11, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Rand currency (ZAR) fell over 10% then reversed majority of its losses, due to brokers suggesting a combination of stops and margin calls casing this mass capitulation; ZAR/USD currently trading down 1.3% Dollar strength seen in the morning session over the majors with EUR/USD trading down 0.3%, USD/CHF trading up[​IMG]

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