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Noticias de trading
3 May 2013
Forex: What does the EUR/USD have to offer? – Danske Bank and Commerzbank
FXstreet.com (Barcelona) - The single currency is currently paring part of yesterday losses, regaining the 1.3100 handle ahead of the US Payrolls due later in the European afternoon.
In the wake of both the FOMC and ECB meetings, Analyst F.Hansen at Danske Bank commented, “With both central banks’ reaction functions now being more symmetrical and signalling more room to ease, the development in relative macro data is likely to become an increasingly important driver for EUR/USD going forward”.
After the sell-off in the cross, Axel Rudolph, Senior Technical Analyst at Commerzbank, suggested, “A break back below the short term uptrend at 1.3061 and a fall through the 55 day moving average at 1.3030 is still needed to confirm a trend reversal lower”.
In the wake of both the FOMC and ECB meetings, Analyst F.Hansen at Danske Bank commented, “With both central banks’ reaction functions now being more symmetrical and signalling more room to ease, the development in relative macro data is likely to become an increasingly important driver for EUR/USD going forward”.
After the sell-off in the cross, Axel Rudolph, Senior Technical Analyst at Commerzbank, suggested, “A break back below the short term uptrend at 1.3061 and a fall through the 55 day moving average at 1.3030 is still needed to confirm a trend reversal lower”.