empty
 
 
14.12.2015 12:34 PM
Global macro overview for 14/12/2015

Global macro overview for 14/12/2015:

The eurozone industrial production data was released early this morning have beating the expectations: market participants had expected the number to be at the level of 0.3% m/m (1.4% y/y), the number was 0.6% m/m (1.9% y/y). Comparing this data to the previous month output (-0.3% m/m; 1.3% y/y), we can see solid improvement in the EU industrial production as this sector of the economy is continuing to build up momentum.

The EUR/USD pair is trading slowly in the middle of a range ahead of the Fed's rate decision on Wednesday. The next support is seen at the level of 1.0923 and next resistance is seen at the level of 1.1030.

This image is no longer relevant

Summary
Urgency
Analytic
Sebastian Seliga
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback