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EUR/USD Ticks up Before GDP, Greek Auction

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by , 08-13-2012 at 05:28 AM (347 Views)
EUR/USD stabilized at the wake of the new week, consolidating the drops it experienced last week and even gaining a bit. No dramatic news awaited the pair over the weekend. The nomination of Paul Ryan as Romney’s running mate hasn’t made an impact. Things are expected to warm up later in the week, with GDP figures, a Greek bond auction to avoid default and significant US news.

Here’s an update about technical lines, fundamental indicators and sentiment regarding EUR/USD.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-aug-13-ticks-up-before-gdp-greek-auction/"]EUR/USD Ticks up Before GDP, Greek Auction[/URL][/I][/B]
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