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Currency Strenght

Thursday 28 February 2013

TimelessFX News and Charts


Fact:

Germany unemployment change + Unemployment Rate came out worse than expected
Unemployment change Actual:-3k Consensus -5k Pervious -14k
Unemployment Rate: Actual:6.9% consensus 6.8% Previous 6.9%

Means:

Eurusd + the DAX have fallen on the back of the worse than expected unemployment report .
Will the bearish move continue today after the rallies we saw in both Eur/USD , and the DAX yesterday
News The potential of negative interest rates is still HOT topic Today as analysis are trying to still Grasp the idea of negative interest rates

Means:

If negative interest rates were to occur this would mean the central bank would charge High street
Banks to hold their Money rather than paying them the 0.5% base rate


4hr Time Frame


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