Is the Euro-Zone Crisis Spreading to Germany?

Source: ForexYard

printprofile

At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the German ZEW Economic Sentiment, scheduled to be released today, at 9:00 GMT. Last month, the German indicator came in well below expectations and caused the Dax 30 to drop suddenly, as can be seen in the chart below.
dax

Don’t miss out on another opportunity to capitalize on market volatility!

If today’s news once again comes in below the forecasted level, fears that the euro-zone debt crisis is spreading to Germany may increase. As a result, riskier currencies and indices, like the EUR, AUD and Dax 30, could see significant losses during mid-day trading. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don’t miss out!

Read more forex news on our forex blog

Forex Market Analysis provided by ForexYard.

© 2006 by FxYard Ltd

Disclaimer: Trading Foreign Exchange carries a high level of risk and may not be suitable for all investors. There is a possibility that you could sustain a loss of all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with Foreign Exchange trading.

CategoriesUncategorized