Is the Euro-Zone Crisis Spreading to Germany?

By FOREXYARD,  July 17, 2012, 03:23:08 AM EDT

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At FOREXYARD, we believe in keeping our clients prepared for potentially significant news events. As such, traders will want to carefully monitor the German ZEW Economic Sentiment, scheduled to be released today, at 9:00 GMT. Last month, the German indicator came in well below expectations and caused the Dax 30 to drop suddenly, as can be seen in the chart below.
dax

Don't miss out on another opportunity to capitalize on market volatility!

If today's news once again comes in below the forecasted level, fears that the euro-zone debt crisis is spreading to Germany may increase. As a result, riskier currencies and indices, like the EUR, AUD and Dax 30, could see significant losses during mid-day trading. This is an excellent opportunity for forex traders to take advantage of potentially significant news, so don't miss out!

Read more forex news on our forex blog




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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