empty
 
 
06.12.2012 05:22 PM
Fundamental Analysis For December 06, 2012

The Bank of England left its bond-buying program on hold. BOE kept its quantitative-easing target at 375 billion pounds, as it was predicted. It also left key interest rate at a record low of 0.5%.
The European Central Bank kept interest rates on hold after its pledge to buy government bonds lowered borrowing costs and boosted confidence that the euro can emerge from recession next year. The benchmark rate was left at a record low of 0.75%.
Technically, the euro and the British pound, the Swiss franc and the Australian dollar have short-term bullish trend. In some cases it is more accentuated, the British pound and the Aussie, in particular. To operate with the euro, which they say is easy to operate, it is recommended to wait for Draghi finished his presentation.

InstaForex Analyst,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
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