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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 199146, member: 22847"] [B]AceTraderFx[COLOR=darkred] Sept 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 Sept 2021 [/B][I]05:30GMT[/I] EUR/USD - 1.1833.. Euro moved broadly sideways in lethargic Thur's session as the key ECB monetary policy meeting turned out to be a non-event. Price clocked up a 35 point range in post-ECB New York morning, price briefly rose to 1.1841 on unchanged rate decision by ECB but said it will slow bond buying pace n later ratcheted lower to session lows of 1.1806 when Lagarde emphasized this move is called calibration n not tapering. Euro's subsequent bounce back to 1.1839 in New York afternoon suggests further choppy swings above Wednesday's 1.1803 low would continue in European morning, however, as long as 1.1851/56 res holds, decline from last Friday's 1-month peak at 1.1908 would head to 1.1784/94 but loss of momentum should keep euro well above 1.1757. Offers are tipped at 1.1835/40 with stops above 1.1860 while bids are noted at 1.1810/05 with stops below 1.1800. On the data front, the only eco. number due out is France's industrial out. The Eurogroup will meet today n ECB President Lagarde will speak at Eurogroup press conference at 09:30GMT, we have have a number of ECB also scheduled to speak in European morning, please refer to our EI page for details. \ [/QUOTE]
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