Trading Update
03-Jun-14, 12:48pm:

Are the DAX and the Euro Set for a Major Correction?



In this trading analysis video, IG discusses the situation in Europe with Mercedes Van Essen, trader and author of The Buddhist Trader.

Given the state of the European economy and the rise of political Eurosceptic feeling, will a correction in US indices drag the DAX and the euro lower?



Update by
04-Jun-14, 8:54am:

Euro Dips as Traders Price in Rate Cut



With the ECB rate decision due tomorrow, the euro is seeing continued volatility as traders speculate about the impact of any policy changes.

Dollar/yen is trading above its key moving averages but needs to break above ¥102.90 for further impetus to move higher.



Update by Craig Inglis, Head of Product Development,
05-Jun-14, 9:25am:

Traders Await Key ECB Policy Announcement



With the ECB rate meeting today, EUR/USD may see some gains if Draghi only announces a rate cut and no monetary easing.

Gold and crude oil are seeing continued weakness as traders focus on stocks and forex.



Update by Craig Inglis, Head of Product Development,
05-Jun-14, 10:52am: European equities are trading causiosly this morning ahead of the key ECB June rate meeting.



Update by Adrien Cohen, Market Analyst,
05-Jun-14, 10:53am:

Is Draghi Set to Disappoint?



With policy makers at the European Central Bank hinting that we will see action at today’s meeting, can Mario Draghi live up to market expectations?

IG discuss with Ken Veksler, Director at Accumen Management, how the euro might react to a rate cut, the potential value of quantitative easing and falling inflation.



Update by