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Noticias de trading
19 Apr 2013
Forex: EUR/USD back above 1.3100
FXstreet.com (Córdoba) - After choppy price action, which saw EUR/USD spike briefly above 1.3100 and pull back, EUR/USD resume the upside on firmer footing and rose to fresh daily highs. At time of writing, EUR/USD is trading at the 1.3110/15 area, having set a peak of 1.3127 in recent dealings as comments from the G20 continue to hit the wires.
ECB's Weidmann explained on Friday that comments in WSJ interview were not intended to signal change in trend on ECB rates, adding that interest rates are currently appropriate and that the ECB may adjust rates if data changes.
From a technical view, "Steady gains above 1.3115 will likely favor an upward continuation in the pair, with 1.3150 as immediate target, ahead of 1.3200 area", says Valeria Bednarik, analyst at FXstreet.com. "Dips up to 1.3040 will remain as buying opportunities".
ECB's Weidmann explained on Friday that comments in WSJ interview were not intended to signal change in trend on ECB rates, adding that interest rates are currently appropriate and that the ECB may adjust rates if data changes.
From a technical view, "Steady gains above 1.3115 will likely favor an upward continuation in the pair, with 1.3150 as immediate target, ahead of 1.3200 area", says Valeria Bednarik, analyst at FXstreet.com. "Dips up to 1.3040 will remain as buying opportunities".