Intra-day Market Moving News and Views
31 Jul 2015 08:06GMT
EUR/USD - ...... Although investors shrugged off the release of unexpectedly fall in Germany's retail sales last month and lifted price from 1.0928 to 1.0967 shortly after European morning, renewed selling interest quickly emerged there and knocked price lower to 1.0921 before recovering.
At present, investors are awaiting to the release of euro zone's inflation and unemployment, Italy's inflation reports and producer prices at 09:00GMT.
Bids are noted 1.0910/05 with mixture of bids and stop at 1.0900-1.0890 and around 1.0870.
On the upside, offers from various accounts are touted at 1.0970-80 and more at 1.0990-00 with stops building up above 1.1000.
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