Trade of the Day: EUR/USD 5th June 2014

Date: 5th June 2014

EU Minimum Bid Rate

EUR-USD currency tradingToday we have some conceivably phenomenal moves from the European Central Bank (ECB). Financial development in the Eurozone neglects to assemble force and it gives the idea that the ECB should now act to keep the Europe from falling into a disinflationary cycle. Draghi implied at a rate cut at the last question and answer session and it shows up the late investment information will support this tremendously required activity.

Trading Event: EU Minimum Bid Rate

Banc De Binary analysts anticipate that there will at present be a fleeting reaction to potential activity from the ECB showing so they suggest a PUT position in the EUR/USD.

 

Recommended Broker: Banc de Binary

Founder and Editor of BinaryOptionReview.co.uk

Facebook Twitter Google+ 

BinaryOptionsTrader

More About

Founder and Editor of BinaryOptionReview.co.uk

View Posts - Visit Website

Leave a Reply