Market Analysis provided by eToro
The volcano erupted during the week as debt solvency issues in Europe’s periphery created panic throughout the globe and asset markets acted accordingly. The currency, commodity, and the equity markets froze, as there seem to be no bids, and the markets swooned on Thursday. Corporate debt and interbank lending also tightened creating a credit freeze in Europe, which reminded investors of 2008.
Click here to read the full weekly review
Disclaimer: Trading in the Foreign Exchange market might carry potential rewards, but also potential risks. You must be aware of the risks and are willing to accept them in order to trade in the foreign exchange market. Don’t trade with money you can’t afford to lose.
