Market Commentary
A couple of years back Mario Draghi was quoted as saying that the ECB would do "whatever it takes" to stimulate the European economy. Clearly today that has not happened, the Eur has collapsed further and worse; it is clear public knowledge that Germany is not happy at all with the entire Q.E concept, the ECB bungling of the bail-outs for weaker Euro nations and clearly the Euro land is now more divided than ever for not knowing how to keep it's house in order as Germany wishes it to be.
US DX
94.996 +0.801 +1.03%
Support at 93.634 resistance 96.484
EUR/USD
1.12040 +0.00005 0.00%
Support at 1.09897 resistance 1.15097
Crude Oil
45.59 -0.97 -2.09%
Support at 43.64 resistance 48.74
Gold
1295.290 -4.895 -0.38%
Support at 1,274.7 resistance 1,311.9
Pieter Bergli - DeLoren Trust Holdings
Currency market perspectives
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