1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

European Market Update: Risk Appetite Finds Its Groove Aided By Improving Chinese Trade...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Joined:
    Sep 9, 2015
    Messages:
    8,492
    Likes Received:
    1
    Risk appetite was buoyed by the improving components in the Chinese trade data which aided commodity-related currencies. Dealers noted that data has led to upward revisions to China Q1 GDP forecasts (due out later in week) Improving risk helped to aid the USD as safe-haven flows unwound. EUR/USD tested below[​IMG]

    Continue reading...
     

Share This Page