acetraderfx
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AceTraderFx Jun 25: Intra-Day News and Views (EUR/USD) & data to be released today
Intra-day Market Moving News and Views
25 Jun 2015 02:30GMT
EUR/USD -..... Despite euro's mini roller-coaster session on Wednesday, price settled around 1.1200 near NY close and continued to move narrowly in Asian morning on Thursday as Eurogroup emergency meeting to break the deadlock on the Greek debt negotiations in Brussels on Wednesday came to no conclusion and the meeting will be extended to Thursday's European morning.
As market participants are focusing on the progress of the Greek debt negotiations, further choppy trading around 1.1200 level is envisaged in Asia. Having said that, investors should pay attention to the release of Germany's GfK consumer sentiment for July at 06:00GMT.
At the moment, offers are noted at 1.1230-40 and then 1.1255/60 with stops building above 1.1280.
On the downside, bids are reported at 1.1160-50 and around 1.1130 with demand from various accounts around 1.1100.
Thursday will see the release of Germany GfK consumer sentiment, U.K. CBI distributive trades, U.S. core PCE, personal consumption, KC Fed manufacturing.
Intra-day Market Moving News and Views
25 Jun 2015 02:30GMT
EUR/USD -..... Despite euro's mini roller-coaster session on Wednesday, price settled around 1.1200 near NY close and continued to move narrowly in Asian morning on Thursday as Eurogroup emergency meeting to break the deadlock on the Greek debt negotiations in Brussels on Wednesday came to no conclusion and the meeting will be extended to Thursday's European morning.
As market participants are focusing on the progress of the Greek debt negotiations, further choppy trading around 1.1200 level is envisaged in Asia. Having said that, investors should pay attention to the release of Germany's GfK consumer sentiment for July at 06:00GMT.
At the moment, offers are noted at 1.1230-40 and then 1.1255/60 with stops building above 1.1280.
On the downside, bids are reported at 1.1160-50 and around 1.1130 with demand from various accounts around 1.1100.
Thursday will see the release of Germany GfK consumer sentiment, U.K. CBI distributive trades, U.S. core PCE, personal consumption, KC Fed manufacturing.