Friday, 10 July 2015

XE Market Analysis: Europe - Jul 10, 2015

The euro is trading higher as markets react to news that Greece's proposals include concessions that seem likely to satisfy creditors. EUR-USD ran to a 10-day high of 1.1134, bringing into scope the 50-day moving average at 1.1177, and the 20-day average at 1.1180. EUR-JPY sprang to a four-day peak of 133.81. Stocks markets in China rallied strongly for a second day, with the Shanghai Comp gaining nearly 7%, adding to yesterday's near 6% advance as yet further stabilization measures were implemented.



from RSS Feed http://ift.tt/1NXSX2H
via IFTTT

No comments:

Post a Comment