Daily News | Lautenschlaeger supports the euro

style=”text-align: justify;”>If you trade or are about to trade the euro, we have some interesting news. According to the information from the most reliable information provider – Reuters – the euro rose to a one-week high on Tuesday. This rise, as you can guess, has to do with situation between Catalonia and Spain. Firstly, the euro fell against the greenback more than 3 percent over the last month, but on Tuesday it bounced back to the highest level since October 2. Analytics relate the fact that the euro rose to a one-week high with the comments coming from Sabine Lautenschlaeger. Lautenschlaeger is a member of the European Central Bank executive board and she gave her support to the euro, calling for the ECB to make some moves. Another euro-related information comes from Germany, where we’re witnessing the biggest industrial monthly rise in more than six years, which is definitely a great thing.

If you’re into stocks, we have some news for you as well. As you all know, there’s a big boom happening with emerging market technology, but it seems that this could become a problem for fund managers. If you’re trading stocks, be careful because this could cause some serious shockwaves. But we will, of course, monitor the situation and let you know as soon as something changes.

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Author: Max Rothstein
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