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UK benchmark continues upside momemtum

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Euro slides on more spending for Syrian attacks, WTI gains by Ipek Ozkardeskaya The euro is under pressure as France dismissed budget goals to counter-attack Syria. The expansion in French budget for war in Syria, combined to prospects of a further unorthodox move from the ECB, could only cheapen the euro and with a bit of luck, support the inflation expectations in the Eurozone. Presently, the euro 5-year/5-year inflation swap rate, used by the ECB as a proxy for inflation expectations,

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