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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 198219, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Aug 10: [/COLOR]Intra-Day News and Views & data to be released today – EUR/USD Intra-Day Market Moving News and Views[/B] Update Time:[B] 10 Aug 2021 [/B][I]05:30GMT[/I] EUR/USD - 1.1736.. The single currency languishes near intra-day fresh 4-month low of 1.1733 in Asian morning. Although price staged a short-covering rebound from 1.1743 (AUS) to intra-day day high of 1.1768 in New York morning, price tumbled on renewed usd's broad-based strength following upbeat US JOLTS jobs openings n hit 1.1736. The lack of a rebound in Asia suggests market is eager to test euro's downside n all eyes are on 2021 bottom at 1.1705 (March), there is market chatter of large stops building up below 1.1700. Offers have been lowered to 1.1750/60 with stops above 1.1770 while bids are noted at 1.1725/15 n more below with option defence at 1.1700 n stops touted below there. The euro area countries will release a slew of eco. data, pay attention to Germany's ZEW eco. sentiment, ZEW current conditions n then EU's ZEW survey expectations, all at 09:00GMT. [/QUOTE]
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