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EUR/GBP testing the 0.7026 support

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Dollar losses stay modest as sentiment remains risk-off On Friday, the data were mixed, mostly slightly weaker than expected. EMU Q3 growth was reported at 0.3% Q/Q (0.4% expected). US retail sales and PPI also missed expectations. Equities in Europe and in the US were under pressure but the impact on the dollar was not that straightforward. Markets apparently concluded that the data won’t change the assessment of the ECB and the Fed. EUR/USD closed the session at 1.0773 from 1.0814. USD/JPY

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