Forex, Markets, Macro Economic News Discussion.

[rosentray]

The EUR/USD is trading steadily in today's session as market participants anticipate the big decision on Wednesday. Low volatility can be expected in the couple of days before FED decides whether they are raising the interest rate this month. CMP 1.1180.

[Mike Cole]

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[rosentray]

EUR/USD is trying to recover from the fall that occurred on Friday. The pair went from 1.1248 to a low of 1.1149 in one day. Today, EUR/USD is trading slightly up gravitating towards 1.1164. Have in mind that on Wednesday the FED is going to announce whether they are raising rates this month.

[rosentray]

EUR/USD is trading in the range between 1.1240 and 1.1230 in anticipation of the CPI data scheduled for later tomorrow. The data would most likely give a hint whether the FED will be raising the rate this month.

[rosentray]

EUR/USD continues its sideways movement in the early European trading hours today. The pair is currently at 1.1227 and appears to be consolidating before key reports tomorrow. CPI will have an impact on the pair and if it's good we might see strengthening of expectations for a rate hike this month.

[rosentray]

EUR/USD has been consolidating in the past few days with price caught in between 1.1280 and 1.1180. The pair is yet to pick a direction if either ways give in to the pressure caused by market participants.

[Mike Cole]

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[rosentray]

EUR/USD continues to trade in the range between 1.13 and 1.1120. The pair is currently trading at 1.1235. No news will be moving the market today so we might be in for a technical Tuesday.

[rosentray]

The EUR/USD lost some of its gains on Friday when expectations rose that a rate hike is probable in September. The pair made a low of 1.1198 in the afternoon hours of the European session and recovered slightly to a closing weekly price of 1.1231. Current market price 1.1252.

[rosentray]

The EUR/USD is trading relatively unchanged in today's session. The pair is down to 1.1244 from above 1.13 earlier this morning. Markets participants are expecting fresh news in order for them to pick a direction. Until then, consolidation might be expected.

[rosentray]

The EUR/USD continues it's upward move started on Tuesday this week. The pair reached a new high at 1.1279 and is currently 1.1274. Important EU data is scheduled for later today.

[rosentray]

The EUR/USD is trading to the upside since yesterday's ISM data at 51, lower than the 55.5 expected. Bears took over and the pair rallied from 1.1143 to a high of 1.1265. The pair is now 1.1253 and appears that it has reached minor resistance at the last high.

[rosentray]

The EUR/USD is trading relatively unchanged in today's session. The pair is gravitating towards 1.1150 level in anticipation of the Non-Manufacturing Composite released later today.

[rosentray]

EUR/USD is trading a bit higher in today's early hours. The pair reached a low of 1.1152 and is currently trading at its highest at 1.1180. We don't have any major news for today so mild volatility might be expected.

[rosentray]

The EUR/USD is trading higher since yesterday evening, The pair reached a bit above 1.12 and is now 1.1196. The pair is consolidating before the key report scheduled for later today.