The Traderszone Network

Published in TZ Latest News 5 April, 2016 by The TZ Newswire Staff

Late drama for EURUSD and USDJPY as European stocks close well down

European stock market close 5 April 2016
– FTSE -1.1%
– Cac -2.0%
– Dax -2.5%
– Ibex -2.4%
– FTSE Mib -3.0%
European bonds
– Italy 1.27% +3bp
– Spain 1.49% +3bp
EURUSD has a look at 1.1400, coming up 5 pips short while USDJPY tests the lows once again after it’s bounce to 110.80 earlier. That’s the third time today and I don’t like prices re-testing levels so quickly.