29 Nov 2013
Flash: EUR/USD buoyed by confidence indicators - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank notes that EUR/USD was buoyed by supportive November confidence indicators.
Key Quotes
“The pair may continue to capitalize on any potential dollar weakness into the end of the week pending the EZ CPI data release later today.”
“EUR/USD upside in the near term continues to show a healthy restraint and the pair may remain capped at 1.3650 with the 55-day MA (1.3554) expected to support on dips.”
Key Quotes
“The pair may continue to capitalize on any potential dollar weakness into the end of the week pending the EZ CPI data release later today.”
“EUR/USD upside in the near term continues to show a healthy restraint and the pair may remain capped at 1.3650 with the 55-day MA (1.3554) expected to support on dips.”