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Forex: EUR/GBP establishing fresh session highs at 0.8446/50

FXstreet.com (Barcelona) - The EUR/GBP has edged higher Friday to establish fresh highs during European trading. After yesterdays plunge, the pair has now shown some tepid manner of recovery, rising to 0.8446/50 in these moments, notching a gain of +0.18%.

Tracking the rise of the EUR/GBP, Mataf.net analysts point to resistances at 0.8499, ahead of 0.8578, and finally 0.8622. On the decline, a break below 0.8376 will enable short-term support at 0.8332 and 0.8253.

In the EMU, the M3 Money Supply (3M) came in at +3.0% in March, compared with a figure of +3.4% previously. Moreover, the M3 Money Supply (YoY) yielded only +2.6%, missing estimates of +3.0%. Finally, Private Loans (YoY) fell -0.8%, matching projections.

Forex: USD/JPY extending its decline below 99.00

The Japanese yen found renewed strength after the BoJ left intact its monetary policy this early morning, accelerating its gains against the greenback to the current area of 98.65/70 from lows in the vicinity of 99.40...
Read more Previous

Forex: USD/JPY extending its decline below 99.00

The Japanese yen found renewed strength after the BoJ left intact its monetary policy this early morning, accelerating its gains against the greenback to the current area of 98.65/70 from lows in the vicinity of 99.40...
Read more Next
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