The DAX rose during the course of the week, breaking above the 11,000 level. This of course is significant, and we believe that the DAX will continue to
The DAX rose during the course of the week, breaking above the 11,000 level. This of course is significant, and we believe that the DAX will continue to go higher given enough time. We are longer-term “buy-and-hold” traders here at FX Empire in the DAX, as we believe it will continue to lead the way for the European Union. With so much quantitative easing around the world, one has to believe that money will be forced into the stock markets, and of course the DAX is considered to be the “safest” of all European indices.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
