FxWirePro: EUR/USD back below 1.10 handle, extending losses ahead of Europe open
EUR/USD testing lows near 1.0968, extending losses versus the US dollar ahead of Europe open PBOC move spooked market sentiments boosting safe currencies such as US dollar across the board Euro edges lower despite underl…
EUR/USD testing lows near 1.0968, extending losses versus the US dollar ahead of Europe open
PBOC move spooked market sentiments boosting safe currencies such as US dollar across the board
Euro edges lower despite underlying support on optimism towards Greece sealing a multi billion-euro bailout deal with its lenders
1.0982 (4h Tenkan-sen) offers resistance ahead of the crucial 1.10 handle, while supports on the downside are seen at 1.0959 (10-Day MA) and then at 1.0952 (21-Day MA)
Markets focus on German ZEW and WPI data ahead of US data releases due later in the day for further momentum
