Tag Archives: EUR/GBP

FX Daily

Spanish and German inflation data for August are released ahead of the euro figureon Friday.

EUR/USD has finally managed something of a bounce from fresh 2014 and 11 month lows with minor layers of

EUR/USD made new lows yesterday,confirming persistent selling pressures.

In terms of data releases we have a very light global calendar. In Germany the GfKconsumer confidence for September is released.

Layers of resistance continue to develop as the EUR/USD works its way lower, again setting fresh 2014 and 11 month lows.

Today’s highlights: EURUSD immediate risk stays lower for September’s low at 1.3104,

EUR/USD is trying to stabilise after its recentnew lows. However, the short-term technicalstructure is negative as long

A healthy EUR/USD rebound within the coming days, possibly towards 1.3297-1.3310 would be welcome…

Focus is expected to be on the Ukraine crisis once again, as there is an event inBelarus’s capital Minsk, where top officials from

Fresh 2014/11 mth lows continue with bears initially focused on $1.3071-1.3101 where the falling daily channel base and

EUR/USD continues to move lower. The recentnew lows confirm persistent selling pressures.

Focus is likely to be on comments from the Jackson Hole Central Bank conference.Especially Draghi’s dovish ones are likely to be in focus.