Thanks to the ProForexCourse strategy, a weekly return of 3.03% was made as the market was entered three times this week except Monday and Thursday as there were no important economic news announcements and French bank were observing a holiday on Thursday. Compared to the past week, the single European currency was trading in a wider range against the North American dollar (247 pips versus 114 pips last week), and the depreciation of the Euro was caused by the statements Mario Draghi, the ECB Chairman, that the Central Bank might act in June to maintain the inflation target of 2% within the Eurozone.
Posted on: Sat, 10 May 2014 15:37:05 +0000