Intra-Day Market Moving New and Views EUR/USD


 
Intra-Day Market Moving New and Views EUR/USD

26 Aug 2014    09:43GMT

EUR/USD - .... News fm Reuters, Ukrainian military spokesman Lysenko said, quote:
'Ukrainian military has destroyed 12 armoured infantry carriers in Novoazovsk area using artillery n aircraft;
captured Russian soldiers were not in Ukraine by mistake, they were on a special mission.'
'attack by Russian separatists on town of Novoazovsk is continuing at this very minute, a hospital there is on fire.'

Despite euro's intra-day strong rebound from 1.3178 to 1.3214/15 at European open, the single currency came under renewed selling pressure and retreated to 1.3190 in European morning. However, price found some support there n staged a recovery.

Bids are now seen at 1.3180/85 n more below at 1.3160/70 with stops building up below there whilst offers are noted at 1.3250/60. Expect choppy trading to be seen till NY open in the absence of EZ economic data.

Earlier, Russian defence ministry said 'Russian servicemen captured in Ukraine crossed the border by mistake.'

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