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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 203992, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Jan 25: [/COLOR]Intra-Day News and Views & data to be released today –EUR/USD Intra-Day Market Moving News and Views[/B] Update Time:[B] 25 Jan2022[/B] [I]05:30GMT[/I] EUR/USD - 1.1311.. The single currency eased in Asian morning after staging a rebound fm Mon's near 2-week trough of 1.1291 (NY) to 1.1334 as intra-day rally in U.S. stocks which swung from inital sharp losses n closed with slight gain triggered broad-based usd's selling. Intra-day retreat in tandem with U.S. futures would bring range trading, however, as said Mon's rebound fm 1.1291 signals recent decline fm 1.1.1482 (Jan's high) has made a temp. low, upside bias remains for a minor retracement twd 1.1359 b4 prospect of another fall. Offers are tipped at 1.1335/45 withs tops touted abv 1.1360 while bids are noted at 1.1310/00 with stops below 1.1290, more stops are reported below 1.1270. Germany will release key Ifo business climate, current conditions n expectations at 09:00GMT, if the readings come in weaker than forecasts (see our EI page for details), then euro will come under renewed selling. [/QUOTE]
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