Eurusd/gbpusd - page 1364
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US government almost down
Combined effect : we shall see tonight
Italian government down. There will be a gap tonight
I was already short on the Italian stock market from Wednesday, now I'm curious to see how EurUsd will react.
When you say agovernment is down, I like to know what you mean by it and what it implies in a broader term
When you say agovernment is down, I like to know what you mean by it and what it implies in a broader term
This what it means : Italian government breaks up after Berlusconi pulls out ministers | Reuters
Price could upgap and rally then ?
NFP and rates wk though, so anything could happen
If it was only Italy then the price should gap down. But since US weekend news are equally bad, there is a chance that they compensate each other, in which cas there will be no significant gap at all
According to Bloomberg data 50 pips gap down at a moment (rate for EURUSD is 1.3473 at the time of writing this post)
According to Bloomberg data 50 pips gap down at a moment (rate for EURUSD is 1.3473 at the time of writing this post)
Considering all, that is a significant gap. Probably the US news are taken as a political joke (again)
this gap is quite significant, imagine ej,eu etc gapping down, mtchew
They are already closing the gap - here is the current state :
If they continue like that, by the time the market opens on majority of brokers chances are that there will be no gap at all