Monday's dip was bought and the US dollar was back under broad selling pressure on Tuesday.
EUR/USD: Euro Back Above $1.13 After PMIs
Posted on 2016-08-23 11:58 Tags: EUR/USD Euro EU Dollar Greenback
Source: WBP Online
Posted on 2016-08-23 11:58 Tags: EUR/USD Euro EU Dollar Greenback
Monday's dip was bought and the US dollar was back under broad selling pressure on Tuesday.
Source: WBP Online
The latest employment news failed to bring volatility on the EUR/USD pair and the greenback was trying to erase some recent losses.
Source: WBP Online
As the second quarter GDP report failed to meet estimates, investors sold the US dollar and the pair rose to new daily highs.
Source: WBP Online
Investors did not buy the pound amid surprising GDP numbers and the GBP/USD pair was trading unchanged on the day.
Source: WBP Online
Investors will focus on today's set of European PMIs for July, which might cause some volatility on the EUR/USD pair.
Source: WBP Online