zorzor
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Cable buyers look to establish some near-term momentum amid slightly weaker dollar
The dollar loses ground as trade optimism gets pushed back in the past hour
Cable just posted a high of 1.2725 as buyers are looking to try and break above the 100-hour MA (red line) @ 1.2714. Hold above that and the near-term bias in the pair will turn more bullish once again.
The bump higher co
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When is the German Prelim CPI and how could it affect EUR/USD?
German Prelim CPI Overview
Today's Eurozone economic docket highlights the release of Harmonized German prelim CPI data, up for release later this session at 1200 GMT. The headline CPI is expected to come in softer at 0.1% m/m and the yearly rate is expected to hold steady at 1.3% in June.
The uptic
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-THE END-