EUR/GBP: Further rangebound now favoured – Commerzbank
Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, noted EUR/GBP now faces some
USD/CNH moved back to the 6.4400-6.5000 range – UOB
FX Strategists at UOB Group now see USD/CNH returning to the previous consolidative stance, likely
US: Fed kept the steady hand… opens the door to QE taper – UOB
Senior Economist at UOB Group Alvin Liew assesses the latest FOMC event (Wednesday). Key Takeaways
EUR/CHF: Downside momentum persists – Commerzbank
EUR/CHF is now focused on the 1.0741/36 band amidst the current downtrend, noted Karen Jones,
When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?
Eurozone Preliminary CPIs and GDP overview Eurostat will publish the first estimate of Eurozone inflation
German Preliminary GDP expands 1.5% in Q2 vs. 2.0% expected, EUR/USD stays below 1.19
German GDP arrives at 1.5% QoQ in Q2 vs. 2.0% expected. Annualized German GDP stands
EUR/GBP surrenders modest intraday gains, seems vulnerable near 0.8500 mark
EUR/GBP struggled to capitalize on its modest intraday gains. Softer German GDP print held the
USD/CAD Price Analysis: Remains poised to test 100-DMA, focus on US/Canadian data
USD/CAD drops further to hit three-week lows below 1.2450. Bears target 100-DMA at 1.2368 amid
Eurozone Preliminary GDP rebounds 2.0% QoQ in Q2 vs. 1.5% expected
The Eurozone economy rebounded 2.0% on quarter in the three months to June of 2021, beating 1.5%
Eurozone Preliminary CPI rises to 2.2% YoY in July, beats estimates
According to Eurostat’s preliminary reading of the Eurozone CPI report, the annual figure came in at 2.2%