Forex Today: The BOE opened Pandora’s box
What you need to take care of on Friday, May 6: The American dollar recovered
EUR/USD Price Analysis: Fades bounce off weekly support around 1.0550
EUR/USD remains pressured after taking a U-turn from one-week high. Failures to stay beyond 50-SMA,
EUR/USD to fall closer to and below parity on disruptive outcome for gas supplies – MUFG
EUR/USD has been under relentless selling pressure over the past month. As economists at MUFG
EUR/USD: Bulls could not hold the upside, back to 1.0600
EUR/USD faces decent resistance near 10640. Germany Construction PMI retreated to 46.0 in April. German
EUR/USD could now attempt a move to 1.0695 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang suggested EUR/USD could
ECB’s Panetta: It would be incautious to act on rates before seeing Q2 data
Commenting on a potential July rate hike, European Central Bank (ECB) executive board member Fabio
German Factory Orders plunge 4.7% MoM in March, a big miss
German Factory Orders slumped 4.7% MoM in March. German Retail Sales arrived at -3.1% YoY
German Retail Sales drop 2.7% YoY in March vs. 7.0% previous
German Retail Sales arrived at -2.7% YoY in March vs. 7.0% previous Retail Sales in
Eurozone Unemployment Rate drops to 6.8% in March vs. 6.7% expected
The Eurozone Unemployment Rate dropped to 6.8% vs. 6.7% expected and 6.9% reported in February,
EUR/USD Price Analysis: Pullback remains elusive beyond 1.0590-85 support confluence
EUR/USD pares the biggest daily gains in two months around one-week high. Overbought RSI triggered