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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 198437, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Aug 18: [/COLOR]Intra-Day News and Views & data to be released today – EUR/USD Intra-Day Market Moving News and Views[/B] Update Time:[B] 18 Aug 2021 [/B][I]05:30GMT[/I] EUR/USD - 1.1719.. The single currency inches higher in Asian morning after initial marginal weakness below previous 2021 bottom at 1.1705 (March) to a 10-month trough of 1.1703 on stop selling but lack of follow-through selling quickly lifted the pair. Although intra-day recovery would bring consolidation in European morning, as the path of least resistance for the euro is down, market will test 1.1700 handle where a mixture of bids n stops are touted below there. Offers are tipped at 1.1725/35 and more above with stops above 1.1755. Ahead of market-moving U.S. CPI at 12:30GMT, the euro zone will release EU's core HICP and HICP at 09:00GMT. [/QUOTE]
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