Market Moving News: EUR/USD - Sep 16

By @ibtimes on

Eur/usd - 1.4678 ... The single currency traded in a relatively narrow range of 1.4656-1.4684 this morning as traders' focuses are on eurozone n U.S. CPI data due out at 09:00GMT n 12:30GMT respectively. Cross-related demand in euro are placed at 1.4640/50 n around 1.4610/20 with mixture of bids n stops is seen at 1.4600, while on the upside, profit-taking offers are noted abv y'day's '09 high of 1.4686 n ahead of 1.4700 with heavy offers (rumours to be fm option-players) are located just abv 1.4700 n around key 1.4720 res.

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