EUR and GBP in narrow ranges - Investec

By FXstreet.com | July 22, 2014 AAA

FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, remarks the recent narrow ranges in both the EUR and the GBP.



Key Quotes



"Yesterday followed the recent theme of quiet Mondays in FX markets. A little bit like the England cricket team, GBPEUR struggled to get out of bed yesterday trading in a 25 pip range all day".



"With a lack of tier 1 data out, it was a similar story for EURUSD and GBPUSD with those pairs also trading in tight ranges (36 and 43 pip ranges, respectively)."



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