EU Facing Uphill Task, EUR Moves Lower Against USD And GBP

Key Highlights Euro continued to move lower against the US dollar and the British pound as sellers gain control. In the UK, the Rightmove House Price was released, which posted an increase of 1% in March 2015. EURGBP found support around the 0.7000 handle recently, but facing an important resistance on the upside. UK Rightmove House Price Earlier today, the UK Rig...
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The European Central Bank (ECB) Sets To Ignite Moves In Euro

Key Highlights Euro nosedived not only against the US dollar recently, but also weakened a lot against the British pound. Today, the ECB Interest Rate Decision will be announced by the European Central Bank in which easing measures is likely to cause a lot of action in the Euro pairs. BoE Interest Rate Decision will also be announced by the Bank of England in which cent...
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GBPUSD Awaits The Bank of England Inflation Report For Action

Key Highlights British pound looks nervous ahead of an important release lined up later today. Bank of England is scheduled to release inflation report during the London session today along with BOE’s Governor Mark Carney speech. GBPUSD has a major support around 1.5180 and resistance ahead at 1.5300. BOE Inflation Report There is a high volatility risk event li...
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