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Trading news
10 Apr 2013
Forex: EUR/USD keeps the lows around 1.3055/60
FXstreet.com (Barcelona) - The single currency is closing the session in red on Wednesday, hovering over intraday lows around 1.3055/60 in a context dominated by the risk aversion.
Looking into Thursday’s calendar, consumer prices in Germany and France will precede the ECB Monthly Report ahead of 3-year bond Italian auction. In the US economy, Imports/Exports Prices are due as well as the weekly report on the labour market.
At the moment EUR/USD is down 0.19% at 1.3057 with the next support at 1.3006 (low Apr.9) ahead of 1.2963 (low Apr.8) and finally 1.2928 (MA10d).
On the upside, a breach of 1.3135 (high Mar.8) would expose 1.3163 (high Feb.28) and then 1.3229 (50% of Feb-Apr slide).
Looking into Thursday’s calendar, consumer prices in Germany and France will precede the ECB Monthly Report ahead of 3-year bond Italian auction. In the US economy, Imports/Exports Prices are due as well as the weekly report on the labour market.
At the moment EUR/USD is down 0.19% at 1.3057 with the next support at 1.3006 (low Apr.9) ahead of 1.2963 (low Apr.8) and finally 1.2928 (MA10d).
On the upside, a breach of 1.3135 (high Mar.8) would expose 1.3163 (high Feb.28) and then 1.3229 (50% of Feb-Apr slide).