Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
EUR/USD holds 1.0900 and lifts so far today
Later yesterday afternoon and into the evening the EUR/USD came under further pressure and that saw the Euro fall back very close to the 1.0900 handle ahead of the close. Prior to that it had stalled at 1.1050 just as the European stock markets reopened much earlier in the day. However, despite two very clear attempts to take out that 1.0900 handle it held and the Euro closed in the US at 1.0912. The rebound seen so far this morning has seen the EUR/USD rise to 1.0980. So, as per updates sent out here yesterday, the Euro is still inside a broader range. That leaves plenty of scope for movement inside levels broadly covered yesterday by 1.07 and 1.12. There will be more to add later today, but for now the EUR/USD is relatively stable, currently trading at 1.0964
Market News
All News-
Gold falls sharply below $3,300 at the third time of asking
The noted push lower in Gold earlier this morning did initially seem to stall ahead of $3,300 for a second time, notwithstanding the ever so slight... -
DAX slips after German GDP fails to pass expectations
The latest German GDP report has just this minute hit the screens. The markets were expecting GDP to rise in Q1 by around 0.2%, where it fell by 0.2%... -
German unemployment claims fall- EUR/USD edges higher as GDP report looms
As suspected and conveyed to you earlier, the EUR/USD push towards the 1.14 handle did reach a zenith before and just after the 8am London fix...
