7 Aug 2013
Flash: EUR/USD finds fresh wind - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that EUR/USD found a further wind from German manufacturing orders on Tuesday.
Key Quotes
“We retain the view that the EUR remains relatively more well equipped to capitalize on potential USD weakness.”
“If 1.3345 is taken out successfully, the pair may look to 1.3400 thereafter. On the downside, any break of the 1.3200 floor may see a drift back towards the 1.3150 area.”
Key Quotes
“We retain the view that the EUR remains relatively more well equipped to capitalize on potential USD weakness.”
“If 1.3345 is taken out successfully, the pair may look to 1.3400 thereafter. On the downside, any break of the 1.3200 floor may see a drift back towards the 1.3150 area.”