The EUR/USD pair remained on back-foot but has managed to hold its neck above 100-day SMA support and is currently trading at 1.1180 level as market now awaits
Ewald Nowotny, member of the ECB’s Governing Council, has attached the ongoing low levels of inflation in the euro region to the current performance of crude oil prices.
The European equities extended its subdued tone for the second straight session this Friday, trading little changed amid a lack of fresh fundamental triggers and increased nervousness ahead
In view of Karen Jones, Head of FICC Technical Analysis at Commerzbank, there is still room for a visit to the 1.4770 area. Key Quotes “GBP/USD remains capable
Dr Jörg Krämer, Chief Economist at Commerzbank, suggests that in the last few quarters the German economy has benefited from a weaker euro and falling oil prices. Key
Senior Analyst at Danske Bank Sverre Holbek exposed his views on the Norwegian krone and the current scenario in crude oil prices. Key Quotes “The higher oil price
The bounce off recent lows in the mid-0.7500s has found strong resistance in the low-0.7600s so far, leaving EUR/GBP slightly in red around 0.7630. EUR/GBP focus on risk
