Intraday Market Thoughts
Falling FX Volatility Boosts Risk Trade,New Premium Insights
by
Dec 16, 2011 16:04
Risk appetite is improving after Italy passes austerity, Merkel's centre-right coalition survived a rebellion by eurosceptics, and Italy's Lower House passed the vote on austerity. The sharp decline in EURUSD 1 month volatility (yesterday and today) is helping EURUSD higher along with all other currencies against the US dollar. This risk-on trade is also boosting gold and silver alongside oil. So how High the EURUSD Rebound? Click here for Friday's 10 NEW trades and 5 EXISTING trades http://ashraflaidi.com/products/sub01/access/?a=571 Non-subscribers click here http://ashraflaidi.com/products/sub01/
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