FX DAILY STRATEGIST: Europe – 23 August 2011

  • Better than expected China PMI boosts sentiment, but against a backdrop of weaker financials
  • Weaker Eurozone PMIs to push EURUSD to lower end of the 1.41-1.45 range
  • JPY and CHF to find support on increased risk aversion

Click here to read the full report:

http://www.easyforexnews.net/wp-content/uploads/2011/08/Daily-FX-Str_Europe_23August2011.pdf

 

BNP Paribas
Corporate & Investment Banking