Video: Will Soft PMIs Weigh on the Euro?
Currency Analyst Christopher Vecchio (@CVecchioFX) discusses the implications of incoming European economic data, why the Euro's gains in the near-term may be overdone, and why a short-term turnaround in the EURUSD could develop on the back of disappointing PMI surveys. The pairs covered are EURGBP and EURUSD.
See the DailyFX Economic Calendar for a full list, timetable, and consensus forecasts for upcoming economic indicators. Want the forecasts to appear right on your charts? Download the DailyFX News App.
Want to automate your trading or trade baskets of currencies? Try Mirror Trader.
--- Written by Christopher Vecchio, Currency Analyst
To contact Christopher Vecchio, e-mail email@example.com
Follow him on Twitter at @CVecchioFX
To be added to Christopher’s e-mail distribution list, please fill out this form
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.