AceTraderFx Mar 12: Intra-Day Market Moving News and Views -EUR/USD
Intra-Day Market Moving News and Views
12 Mar 2018 04:00GMT
EUR/USD - 1.2321.. The single currency inched higher in relatively subdued Asian trading after staging a rebound from Friday's post-NFP low at 1.2273.
Although the Japanese yen has made centre stage in Asia on Mon, euro's said rebound from 1.2273 suggests early decline from Thursday's 2-1/2 week high at 1.2446 has made a temp. low n range trading is in store in European morning.
Bids are noted at 1.2300-80 area n more below with stops below 1.2270 whilst offers are tipped at 1.2330/40 n more above with stops above 1.2370.
Although there is no eco. data from the euro area countries on Mon, we have Eurogroup meeting today where ECB President Draghi and ECB executive board member Coeure will particiapte in the meeting in Brussels.
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Intra-Day Market Moving News and Views
12 Mar 2018 04:00GMT
EUR/USD - 1.2321.. The single currency inched higher in relatively subdued Asian trading after staging a rebound from Friday's post-NFP low at 1.2273.
Although the Japanese yen has made centre stage in Asia on Mon, euro's said rebound from 1.2273 suggests early decline from Thursday's 2-1/2 week high at 1.2446 has made a temp. low n range trading is in store in European morning.
Bids are noted at 1.2300-80 area n more below with stops below 1.2270 whilst offers are tipped at 1.2330/40 n more above with stops above 1.2370.
Although there is no eco. data from the euro area countries on Mon, we have Eurogroup meeting today where ECB President Draghi and ECB executive board member Coeure will particiapte in the meeting in Brussels.
AceTrader - Best Intra-day Forex Trading Strategies
AceTrader has been in FX market since 1984, with proven analytical approach used by professionals and real-time updates