Results for investor
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  • The EUR/USD regained the 1.3000 handle on early European trade after the ZEW survey of investor sentiment printed better than forecast. The ZEW for the month of March came in at -6.5 versus -12 forecast as investor sentiment improved for the fifth month in a row, The data was somewhat surprising given the dour state of conditions in EZ industrial sector, but clearly investor optimism was driven by hope that the massive fiscal and monetary stimulus put in place by most of the G10 block will soon begin to yield dividends and revive global demand.

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TRADE IDEAS

  • Trades to Watch
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currency trade idea
USD/JPY
Medium term



Buy Buy at 103.0500
Stop at 102.75
Target at 103.9
currency trade idea
AUD/USD
Medium term
Opened 5/21/2013
Sell Short from 0.9816
Stop at 0.985
Target at 0.973
GBP/JPY
Medium term
Opened 5/16/2013
Sell Short from 156.6000
Stop at 155.75
Target at 155.1
These are hypothetical trades and should not be relied upon as a substitute for independent research.

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