The euro gained some strength after final manufacturing PMI came in at 55.1; better than the forecast and prior reading of 55.0. On the back of this release,
Forex Trading: Eurozone Final Manufacturing PMI | Daily Markets
Source: www.dailymarkets.com
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Re-Entering our Full Long EUR/USD Position on an Intraday Dip
We were watching the open last night for signs of continued USD strength from Friday, but the last 15 hours have been...
Analyst Moves: RMD, AME
Resmed (RMD) was upgraded today by Deutsche Bank (DB) from hold to buy with a $32 price target, as mask sales remain strong. Shares are higher...
Eur/Usd clears 1.4000 hurdle
Dollar weakness is most pronounced in Eur/Usd at the moment as the market triggers stops above 1.4000. The market is now starting to doubt that early rate hikes are a realistic option for the Fed. So far we’ve managed to hit 1.4030, 1.4070 is the next...
Labour facing disastrous election results
The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...
Forex EUR/USD Intraday-12 May 2011: Test to 1.4433
May/12 – Since trade in the Asian session to session, Europe is still visible in the condition of the sideways movement in the range of...