Intra-Day Market Moving News and Views EUR/USD



Intra-Day Market Moving News and Views 

15 Apr 2014
   09:14GMT
  EUR/USD - 1.3800... ZEW economist says 'major factors for strg current condition is strg economic data, wide consensus that Q1 was strg.'
German Apr Zew survery expectation came in at 43.2, worse than the forecast of 45.0. German Apr current situation came in at 59.5, much stronger than the forecast of 51.0.

08:32GMT 
  GBP/USD - 1.6714... U.K. March inflation falls to 0.2% m/m from 0.5% in Feb, lower than the expectation of 0.5%.  U.K ONS Feb house prices rises 9.1%, biggests annual rise since June 2010, vs 6.8% in Jan. 

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EUR/USD holds gains above 1.0700, as key US data loom

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EUR/USD holds gains above 1.0700 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data. 

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GBP/USD extends recovery above 1.2500, awaits US GDP data

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GBP/USD is catching a fresh bid wave, rising above 1.2500 in European trading on Thursday. The US Dollar resumes its corrective downside, as traders resort to repositioning ahead of the high-impact US advance GDP data for the first quarter. 

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Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP

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Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark on Thursday and for now, seems to have snapped a three-day losing streak, though the upside potential seems limited. 

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XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger

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Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP. 

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US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4

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The United States Gross Domestic Product (GDP) is seen expanding at an annualized rate of 2.5% in Q1. The current resilience of the US economy bolsters the case for a soft landing. 

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