The German

By | June 13, 2018

He could be the stock markets on Wall Street and in the far east of recorded strong Einbussen…der DAX weak performance of course unable to escape… The German leading index took an extended downward movement in the second half of the month after a short stopover at 6,100 meters – up on under 5,700 points. For more information see Phil Vasan. Only in the last few days the chart image proved to be again somewhat friendly… Conclusion: After the roller coaster ride must be reflected in the may now, where for the DAX headed in the coming weeks. Given the fact that the DAX has already got the curve in February 2010 to the brand of 5,500 and a price rally could start in the connection, this level should be given a special meaning. The currently high nervousness investors makes one fear that the upside potential will make it for the German share index in borders. Frequent change of mood as this month would not really surprise… The European common currency has been shown may almost always in the month of their weak side.

This becomes obvious already, that the monthly average in April at $1,3406 lay, the ECB reference exchange rate had been established on 30 April 2010 at 1,3315 dollars and the euro during the month of may in the top plummeted to under 1.22 dollars. Losses of around 11 U.S. cents within one month are to describe as exceptional… Before werden…hier illuminates the closer circumstances a few data from may (ECB rates): 3 May 1,3238 may 1,2746 may 1,2969 14 May 1,2492 may 1,2349 may 1,2497 may 1,2360 27th 1,2255 was the main factor for the euro of course the tight budgetary situation… If you want to read the complete WiFiKon newsletter, please register through the following link:… Thomas Kruger


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