Stocks are up in Europe, with the FTSE 100 slightly in the green and the MSCI All Country World Index up a third of a percent as the market reverses its attitude towards Greece thanks to progress on a bailout plan with creditors. Investors may also be looking to reverse bearish moves in European markets [...]
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As Eurozone Equities Push Higher, Bullish Positions Build on OpenBook
(eToro Blog) European equity markets are all higher, led by the Eurozone’s banking sector, as investors’ optimism of a favorable resolution to the Greek saga grows. Also providing some support for equities was news from the European Central Bank that they have agreed in principle of the need for them to make possible concessions on [...]
USD/JPY Rally Gives OpenBook Traders Opportunity to Book Profits
(eToro Blog) Recent interventionary comments made by Japanese Finance Minister Azumi were apparently the impetus for OpenBook trader benw117 who closed a long USDJPY position with 116% gains as the pair crossed above the 77.00 level. The trader has closed another position with gains around 33% in the last seven days. The trader started buying USDJPY as [...]
