Tag Archives: EUR/SEK

FX Daily

Focus will remain on uncertainty related to the situation in Ukraine. In terms of data releases the main event is US retail sales for July,

EURUSD: Mildly offered inside range. Will the short-term correctional divergence be enough to buck the trend or not?

Focus will continue to be on the international geopolitical situation, albeit tensionat least for now appears to be easing.

EURUSD: The next attempt higher took place already on Friday (andwith the passing of 1.3399 the alternative path,

A very quiet start to the week with no key data releases.

EURUSD: Yesterday’s attempt to kick off an upside correction stalledalready just below the first resistance, 1.3399.

The German trade balance for June is expected to show an increase in exportsand imports after both figures declined in May.

EURUSD: Yesterday’s spring bottom (false downside break) certainlyargues for having entered an upside correction phase.

The main event is the ECB Governing Council meeting where we expect the ECB toremain on hold.

EURUSD: Now targeting 1.3324/295. The euro is back on its losing streak as the chance of correction

German factory orders are expected to rebound in June after a decline of 1.7% m/min May.

EURUSD: Could still recheck the high 1.34s. European (Markit) PMI and the US ISM are the main distractions for the day.