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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 184066, member: 22847"] [B]AceTraderFx [COLOR=rgb(184, 49, 47)]Aug 07[/COLOR][/B][COLOR=rgb(184, 49, 47)]:[/COLOR][B] Intra-Day News and Views & data to be released today[/B]- [B]EUR/USD Intra-Day Market Moving News and Views[/B] Update Time[B]: 07 Aug 2020 [/B][I]05:30GMT[/I] EUR/USD - 1.1849.. Trading the single currency proved to be tricky in roller-coaster Thursday's session. Although euro edged higher from 1.1864 (Asia) and hit a fresh 2-year peak of 1.1915 at European open, broad-based long liquidation in euro knocked price to session lows of 1.1819 in New York morning but only to rebounded later to 1.1893. Despite yesterday's rebound from 1.1819, euro's intra-day retreat in Asia suggests choppy sideways swings would continue in Europe as traders are keeping their powder dry for release of US NFP. Offers are tipped at 1.1880/90 with stops above 1.1900 and more stops are touted at 1.0920. Bids are noted at 1.18230/20 n more below with stops reported below 1.1800. The euro area countries will release a slew of eco. data in European morning, please refer to our EI page for details. [/QUOTE]
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