Market Moving News: EUR/USD - Aug 5

By @ibtimes on

Eur/usd - 1.3166 ... Despite y'day's strg retreat to 1.3131, the single currency traded narrowly in Asia n staged a brief recovery to 1.3175. Offers are tipped at 1.3175/80 n further out at 1.3200. Investors are focusing on the release of German industrial orders at 10:00GMT n ECB rate decision at 11:45GMT. On the downside, bids are located at 1.3140/45 with stops building up below 1.3130.

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