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Forex in 60 Seconds - Euro And Pound Mark Significant Retracements As Fundamentals Dim

Monday, 23 June 2008 21:13:45 GMT

Written by John Kicklighter, Currency Analyst


 ·          European growth stumbles through June. Will this keep the ECB from hiking at the next rate decision?
 ·          Rightmove marks the sharpest drop in home prices in a year, is the UK housing market heading for a US-style housing recession?

Stories to watch on DailyFX

·          With so many of the majors forced into tight technical ranges, where are the greatest probabilities for breakouts?
·          The dollar was off to a slow fundamental start today, but event risk looks to pick up quickly. Check out the 5 Most Important Events this week.

Send any comments or questions to jkicklighter@dailyfx.com.

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