Trade of the Day: EUR / USD on 3rd April 2014



Event: European Central Bank conference about interest rate decision
 Date: 3th April 2014, 11:45 GMT

The prices in the EURO zone have grown 0,5% in March, the weakest number in the latest 4 years ,and over the past 12 months the Euro has gaigned 7%  against the US dollar.

The ECB seems leave interest rates unchanged today, so this policy would have a negative impact on the Euro.

BancdeBinary analysts expect an spike in the Eurodollar so they  recommend a CALL  position  on EUR / USD.


John was born in Wollongong (NSW ) and studied at The London School of Economics ( England, UK ). Currently he lives in Sydney ( NSW ) and he works as financial market analyst.

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John Walker
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