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Key risk events today: RBA Gov Lowe Speaks; Spanish Unemployment Rate; German Ifo Business Climate; Euro Main Refinancing Rate and Monetary Policy Statement; ECB Press Conference; US Core Durable Goods Orders m/m; US Durable Goods Orders m/m. EUR/USD: Flash manufacturing PMIs out of Europe disappointed Wednesday, encouraging marginal losses. All in all, though, the market … Continue reading Thursday 25th July: Euro eyes 1.11 as ECB takes centre stage.

Key risk events today: French Flash Services PMI; French Flash Manufacturing PMI; German Flash Manufacturing PMI; German Flash Services PMI; EUR Flash Manufacturing PMI; EUR Flash Services PMI; US Flash Manufacturing PMI. EUR/USD: Europe’s shared currency triggered two-month lows vs. the dollar Tuesday, convincingly crossing beneath 1.12 and June’s opening level at 1.1165 on the … Continue reading Wednesday 24th July: Euro triggers two-month lows ahead of PMI data and tomorrow’s European Central Bank monetary policy announcements.

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Key risk events today: Limited. EUR/USD: Europe’s shared currency and the US dollar traded flat Monday, as traders look ahead to the ECB on Thursday. As we head into Asia Pac hours, the EUR/USD’s H4 candles remain toying with the lower edge of its 70-point range between 1.12 and supply at 1.1288-1.1273. As underlined in … Continue reading Tuesday 23rd July: Dollar index remains buoyed above 97.00; weekly resistance eyed at 97.72.

Key risk events today: BoJ Gov. Kuroda Speaks; RBA Assist Gov. Kent Speaks. EUR/USD: Weekly gain/loss: -0.44% Weekly close: 1.1220 Weekly perspective: Since November 2018, the weekly candles have been warring for position between long-standing demand at 1.1119-1.1295 and the 2019 yearly opening level (resistance) at 1.1445. Areas outside of the said barriers to be … Continue reading Monday 22nd July: Weekly technical outlook and review.