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Forex pairs in this Article » EUR/USD (Edinburgh) - Emmanuel Ng, FX Strategist at OCBC Bank believes that Eurozone economic data has encouraged investors in the build up to today’s ECB.

Key Quotes

“EZ GDP numbers and PMIs today may provide further fodder for investors ahead of the ECB meeting tomorrow.”

“In the interim, the 55-day MA (1.3563) may provide a local locus while we would continue to fade any rallies in the near term.”

“Downside way points are expected towards 1.3540 and then at 1.3500.”
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