Forex Consulting

US stocks bounce back at the open

S&P 500 up 13 points at the open You can’t keep the stock market down. Yesterday’s worries about the tax bill are fading and yesterday’s 10 point loss in the S&P 500 has been erased. The index is up 13 points to 2665, in part because of strong earnings. Copyright 2015 Forexlive.com

Forex Consulting

Solid gains in the cards for EUR/USD next year – ING

How high can the euro go next year? ING FX Strategy Research discusses EUR/USD outlook for the coming year following today’s ECB policy decision. “Overall, today’s ECB meeting was one big non-event in terms of the spill-overs to the EUR. While the ECB staff revised both its GDP and CPI forecasts higher, one can argue that…

Forex Consulting

Mixed finish for European stock markets

Closing changes for the main European bourses – UK FTSE +0.4% – French CAC -0.1% – German DAX +0.3% – Spain IBEX -0.4% – Italy MIB -0.8% On the week: – UK FTSE +1.1% It was a tough week in Italy because of reports that the election will take place in early March. Copyright 2015…