Eurozone business confidence proving resilient - MUFG

Nov 24, 2015

European stocks dive deep in the red, ignore Ifo

The stocks on the European bourses had a negative start on Tuesday and dived deeper in the red as a renewed bout of risk-aversion hit the markets after the Russian plane was shot down by Turkey near the Syrian border on air-space violation issues.

EUR/USD: Upside capped by 5-DMA, US GDP eyed

The EUR/USD pair caught a fresh bid tone near hourly 20-SMA at 1.0635 in last hours and swung back higher for a retest of daily highs, only to face strong hurdle near 5-DMA at 1.0662.