Intra-day Market Moving News and Views (EUR/USD)



Intra-day Market Moving News and Views
25 Jun 2015
07:02GMT

EUR/USD - ..... Although investors shrugged off the release of worse-than-expected Germany Gfk consumer sentiment and pushed price briefly to 1.1218 at European open, selling interest below Asian high of 1.1220 knocked price lower and euro later retreated to 1.1183.

The research group Gfk said that its index of Germany's consumer climate for Jul fell unexpected to 10.1, from 10.2 in the previous reading.

Market participants are still awaiting the progress of the Greek debt negotiations.
At the moment, offers are noted at 1.1230-40 and then 1.1255/60 with stops building above 1.1280.
On the downside, bids are touted at 1.1160-50 and around 1.1130 with demand from various accounts around 1.1100.  

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