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|1 EUR||1.24709|| |
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EUR/USD2014-11-27 17:09 UTC
EUR-USD met good selling interest following an early London run above 1.2520, subsequently dipping to a 1.2465 low and steadying not far above here thereafter. We remain bearish, and look for an eventual move on the July 2012 low at 1.2042 due to diverging Eurozone and U.S. economic growth. Resistance is marked at 1.2531, 1.2568-78, and key resistance is seen at 1.2600. Support is at 1.2443-45, and 1.2358 (Nov-6 low), which is the lowest ... Read More ►
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XE Market Analysis
North American Edition2014-11-27 11:21 UTC
The dollar oscillated, dipping against most currencies during the Asia before rebound some during the European AM. EUR-USD met good selling interest following an early London run above 1.2520, subsequently dipping to a 1.2465 low and steadying not far above here thereafter. A batch of European data and ECB-speak had little impact. USD-JPY posted an 11-day low at 117.26 on the back of a generally softer dollar during Tokyo trade, subsequently recovering ... Read More ►
European Edition2014-11-27 07:53 UTC
The dollar maintained a softer tone that was established after the round of soft data out of the U.S. yesterday, while firm capital expenditure numbers out of Australian aided the greenback lower in the case against the Aussie. EUR-USD saw a narrow range, though managed to recover from a dip below 1.2500. Yesterday's peak at 1.2531 was left unchallenged. USD-JPY posted an 11-day low at 117.26, while AUD-USD clocked a two-day high at 0.8609. Trading ... Read More ►
Asian Edition2014-11-27 17:09 UTC
The dollar oscillated, dipping against most currencies during the Asia before rebound some during the European AM. USD-CAD saw volatility, driven back above 1.1300 by sharp declines in oil prices after dipping to intraday lows under 1.1240 following Q3 current account data, which showed a lower than expected deficit of C$ 8.4 bln. EUR-USD met good selling interest following an early London run above 1.2520, subsequently dipping to a 1.2465 low and ... Read More ►
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