EUR Trade Index 18-Year Chart
The euro's nominal trade-weighted index is based on geometric weighted averages of bilateral exchange rates of 12 currencies against the 15-nations of the Eurozone (Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Netherlands, Portugal, Slovenia and Spain). The index is not adjusted for inflation.
The weights are based on 2002-04 trade data, with a base 100 value set from Q1 1999. The basket comprises 12 countries, with the main components as follows: U.S. 26.4%; U.K. 22.6%; Japan 14%; Korean Republic 6.2%; Switzerland 8.7%; Sweden 6.3%.
توصيات موفقه ومشكور....
http://www.flexiconfx.com for Latest financial news.
I came here to view Mr Ashra Flaidi's comments and site, and to interact with real traders some too. He has said that this site is 2 to 3 yrs old and is kinda like a baby .. still developing and improving at a pace that works. I look forward to checking here to check what he is writing and to check what you real traders are writing .. I think this is going to be a real positive week trading .. and I hope to catch a number of well-deserved PIPS !!!
I see USD strength vs EUR & to a lesser extent vs GBP - a hint of AUD weakness vs NZD & JPY.
I am Short in EUR/USD, and GBP/USD today.