Eur/usd - 1.2870 ... The single currency edged higher after finding renewed buying interest at 1.2822 (NY) on active short-covering ahead of the weekend. Investors are focusing on the release of German n eurozone GDP data at 06:00GMT n 09:00GMT respectively. Bids are located at 1.2850 n more at 1.2825/30 with some stops seen below 1.2820 but demand fm sovereign names is located at 1.2800 n 1.2780/85. On the upside, some stops are tipped abv 1.2880 n 1.2900, however, selling interest is reported at 1.2920/30.
Join the Discussion