25 Jun 2014
Session Recap: Uneventful session ahead of US data
FXStreet (Córdoba) - Majors are back to square one heading into the American opening as investors gear up for a series of US indicators, including Q1 GDP revision, durable goods orders and a preliminary gauge of services PMI.
The EUR/USD failed to sustain gains and pulled back to the 1.3605 area, while the GBP/USD managed to stabilize a tad lower around 1.6970 after dovish comments from Carney Tuesday. The USD/JPY and the AUD/USD are nearly unchanged on the day.
No first-tier data was released during the European session, leaving stocks under pressure following Wall Street sell-off yesterday. The Europe Stoxx 600 was down 0.69% while US futures point to a flat opening.
US durable goods for May (consensus 0.0%) and the third print of GDP (consensus -1.7%) are the highlights of the New York session.
Main Headlines in Europe:
Germany Gfk Consumer Confidence Survey above forecasts (8.5) in July: Actual (8.9)
US durable goods and GDP data the highlight of the day - TD Securities
Italy Retail Sales s.a. (MoM) up to 0.4% in April from previous -0.2%
What’s the sentiment about the EUR/USD today? – Commerzbank and Danske Bank
Merkel stresses Eurozone crisis not over yet
European stocks fall for a fourth session
United Kingdom CBI Distributive Trades Survey - Realized (MoM) below expectations (24) in June: Actual (4)
The EUR/USD failed to sustain gains and pulled back to the 1.3605 area, while the GBP/USD managed to stabilize a tad lower around 1.6970 after dovish comments from Carney Tuesday. The USD/JPY and the AUD/USD are nearly unchanged on the day.
No first-tier data was released during the European session, leaving stocks under pressure following Wall Street sell-off yesterday. The Europe Stoxx 600 was down 0.69% while US futures point to a flat opening.
US durable goods for May (consensus 0.0%) and the third print of GDP (consensus -1.7%) are the highlights of the New York session.
Main Headlines in Europe:
Germany Gfk Consumer Confidence Survey above forecasts (8.5) in July: Actual (8.9)
US durable goods and GDP data the highlight of the day - TD Securities
Italy Retail Sales s.a. (MoM) up to 0.4% in April from previous -0.2%
What’s the sentiment about the EUR/USD today? – Commerzbank and Danske Bank
Merkel stresses Eurozone crisis not over yet
European stocks fall for a fourth session
United Kingdom CBI Distributive Trades Survey - Realized (MoM) below expectations (24) in June: Actual (4)