European stocks drifted lower shortly after the opening bell on Friday, following a mixed trading session across Asia, as market operators continue to weigh the latest dovish comments from the US Federal Reserve. Investors’ risk appetite is taking a pause for the end of the week amid rising uncertainties brought by the prospect of a negative impact a huge US stimulus package could have over inflation rates in the mid- to long-term.
Market consolidation continues in Europe as the Stoxx-50 index remains inside its 40-points wide bearish pattern, while the German DAX-30 index brings the worst performance of the Eurozone so far, ahead of Siemens Healthineers AG annual general meeting.
While a student, Pierre Veyret had a passion for the financial markets. At the time, he studied International Trade through the setting up of import / export operations and it was the techniques of hedging against exchange rate risks that helped him to make the link with the financial markets, and all especially that of Forex. It is therefore with the aim of anticipating the price of currencies several months in advance that Pierre quickly turned to different methods of analysis by drawing inspiration and surrounding himself with experts in the field. Shortly after, Pierre decided to specialize in Technical Analysis, a discipline he had the opportunity to practice with real market professionals, thanks to AFATE / IFTA, an association of which he has been an active member for several years. Pierre Veyret is passionate about the field of the financial industry with a particular interest in the various techniques of stock market forecasting. Currently, Pierre is based in the City of London where he works as Chief Analyst. He performs regular interventions on a multitude of asset classes through various media (television, internet and print media).
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© 2019 High Leverage FX - All Rights Reserved.