Friday, 13 November 2009

GDP data due for Eurozone - expect EUR volatility - buying or selling foreign currency?? Contact me for further info on GBP EUR AUD NZD SEK forecast

This morning at 10:00am sees the release of Eurozone GDP figures which could cause high volatility should they not come out as expected. Analysts are predicting the European economy as a whole to have grown by 0.5% however as many of you are aware analysts predicitons are not always right.

Personally I think the figures will come out worse than expected as there are still a number of economies that are dragging down the rest in Europe... my personal prediction and this is by no means certain to happen is GBP EUR to be in the high 1.12s by the end of the day.

Sterling has been undervalued for some time and even now when geting the odd bad releases still doesn't seem to want to weaken too much.

THIS IS A BRIEF SUMMARY OF TODAY'S REPORT - SHOULD YOU REQUIRE FURTHER INFORMATION PLEASE DO NOT HESITATE TO CONTACT ME EITHER BY EMAILING HERE Email Me - OR CLICKING ON THE BANNER BELOW TO SEE TODAY'S FULL REPORT I will ensure I get back to you as soon as possible to discuss the options available to you. Click here to read the full report on our main website

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Have a great day and thanks for reading!

Daniel Wright

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