Afternoon video analysis 12.11.2015

Dovish testimony from the EBC chairman Mario Draghi and data from the American labour market, which support the scenario of hikes, did not succeed in causing a stronger depreciation of the EUR/USD. It is a result of a fact that expectations regarding the future decisions of central banks, are in a significant degree included in evaluations.

This video analysis is not a recommendation within the meaning of Regulation of the Minister of Finance of 19 October 2005. It has been prepared for information purposes only and should not serve as a basis for making any investment decisions. Neither the author nor the publisher can be held liable for investment decisions made on the basis of information contained in this commentary. Copying or duplicating this report without the written permission from Sp. z o.o is prohibited.

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