AceTraderFx Dec 28: Intra-day Market Moving News and Views (EUR/USD)
Intra-day Market Moving News and Views
28 Dec 2015 00:15GMT
EUR/USD - ....... The single maintains a steady to firm undertone in subdued Asian morning on Monday, however, last week's rebound from 1.0870 is likely to keep euro bid and intra-day pullback would be met with renewed buying interest.
With many European centres are still closed for Boxing Day holiday, large swings are unlikely to be seen until New York open later today.
For now, initial bids are noted at 1.0940-30 and more below with some stop touted below 1.0900.
Some offers are reported at 1.0975/85 with stops above 1.1000, suggesting buying euro on dips is the way to go.
Intra-day Market Moving News and Views
28 Dec 2015 00:15GMT
EUR/USD - ....... The single maintains a steady to firm undertone in subdued Asian morning on Monday, however, last week's rebound from 1.0870 is likely to keep euro bid and intra-day pullback would be met with renewed buying interest.
With many European centres are still closed for Boxing Day holiday, large swings are unlikely to be seen until New York open later today.
For now, initial bids are noted at 1.0940-30 and more below with some stop touted below 1.0900.
Some offers are reported at 1.0975/85 with stops above 1.1000, suggesting buying euro on dips is the way to go.