20 Feb 2015
EUR/USD flat around 1.1360
FXStreet (Edinburgh) - The single currency is trading almost unchanged vs. the US dollar at the end of the week, with EUR/USD gyrating around 1.1360/55.
EUR/USD focus on Greece, PMIs
The pair will remain vigilant on developments coming from Greece and the extraordinary Eurogroup meeting due today, with hopes of a lats-minute deal still alive despite the German negative response on Thursday.
In another direction, preliminary manufacturing and services PMIs will be in the limelight in the euro bloc, followed by Italian inflation figures for the month of January.
EUR/USD key levels
As of writing the pair is losing 0.02% at 1.1356 and a breach of 1.1349 (21-d MA) would aim for 1.1320 (low Feb.16) and finally 1.1303 (low Feb.12). On the upside, the initial hurdle lies at 1.1450 (high Feb.17) followed by 1.1486 (high Feb.6) and finally 1.1499 (high Feb.5).
EUR/USD focus on Greece, PMIs
The pair will remain vigilant on developments coming from Greece and the extraordinary Eurogroup meeting due today, with hopes of a lats-minute deal still alive despite the German negative response on Thursday.
In another direction, preliminary manufacturing and services PMIs will be in the limelight in the euro bloc, followed by Italian inflation figures for the month of January.
EUR/USD key levels
As of writing the pair is losing 0.02% at 1.1356 and a breach of 1.1349 (21-d MA) would aim for 1.1320 (low Feb.16) and finally 1.1303 (low Feb.12). On the upside, the initial hurdle lies at 1.1450 (high Feb.17) followed by 1.1486 (high Feb.6) and finally 1.1499 (high Feb.5).