Daily reviews

 

The market expects the plan of salvation of Spain will be announced soon

 

European shares ended trading on Tuesday with a slight increase because of hopes that Spain will accept the financial assistance and because of the positive data from the U.S. consumer confidence, which came out better …

The Greek government continues to be between Scylla and Charybdis. On the one hand - it does not really want to reduce government spending, and on the other hand - they need to follow the economy plan. And now, once again, this bankrupt …

 

EUR/USD

 

News background:

Pair gets some support against the deposit auction of ECB and hope that Madrid will ask for help of three lenders.

 

Technical picture:

From a technical point of view, the pair has a chance to grow up locally. It crosses the center line of …