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EUR Daily Review August 8, 2018

EUR Daily Review for August 8, 2018

EUR/USD around 1.1550 ahead of German data

The European currency remains vulnerable for the time being and is taking EUR/USD to navigate the area of 1.1550 ahead of key German releases due late


Trade War Concerns Hit EURUSD, Nears Critical Support Levels

EURUSD is dropping towards strong support on concerns about the growing US-China trade war; a break through it would likely send the pair sharply lower.


UK Junior Minister Burt: European companies can be protected from US sanctions on Iran

A junior British Minister of State for the Middle East, Alistair Burt, told BBC radio on Tuesday that the European companies can be protected from the


EUR futures: recovery appears tepid

In light of preliminary figures for EUR futures markets from CME Group, investors added around 5.5K contracts to their open interest positions on Mond


EUR/JPY rises above 129.00 as the yen tumbles on higher US yields

The EUR/JPY pair broke to the upside during the American session on the back of a weak Japanese yen. It printed a fresh 2-day high at 129.20. Near the


EUR/USD bulls looking to reload longs for a breach of 1.1620

EUR/USD has been capped at the 1.16 handle, having made a temporary high of 1.1608 and from a low of 1.1551. EUR/USD has recovered up to the 100-hr SM


EUR/USD and GBP/USD Forecast August 8, 2018

The Euro rallied significantly during the trading session on Tuesday, reaching towards the 1.16 level again. There is a certain amount of significant memory …


EUR/USD is looking to re-enter pennant, fear gauge drops

The EUR/USD rose above 1.16 in Asia and is now challenging the resistance (former support) of the lower end of the pennant, currently located at 1.162


Have a nice trading!

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