EUR/GBP retreats from highs, keeps gains

EUR/GBP retreats from highs, keeps gains

FXStreet (Edinburgh) – The better tone surrounding the single currency is helping EUR/GBP to keep the upper bound of the daily range, albeit a tad lower than session peaks.EUR/GBP looks to PMIsThe sentiment in the global markets is still favouring the risk aversion towards the end of the Asian sessiSee Original Article

EUR/USD forecast: attention to PMIs – Commerzbank and OCBC Bank

FXStreet (Edinburgh) – EUR/USD has managed to bounce off the vicinity of 1.1100 in early trade, gathering traction to test the current 1.1125/30 band ahead of PMIs in Europe.Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted the pair’s “sell off has reached the top of the cloud aSee Original Article

EUR/CHF inching higher, near 1.0850

FXStreet (Edinburgh) – The initial upbeat momentum in the shared currency remains alive so far, now sending EUR/CHF to test the mid-1.0800s, close to session tops around 1.0860.EUR/CHF focus on SNB, PMIsThe cross is looking to consolidate the recent drop from weekly highs around 1.0960 to the viciniSee Original Article

Morning News Call – India, September 23

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