Analysts at Scotiabank explained the current environment surrounding EUR/USD. Key Quotes: “Eurozone PMI data reflected slightly better than expected manufacturing trends but a little weaker than expected activity in services – and a slight deceleration in the composite PMI index as a result.” “German data was generally on or better than expected firm while the French numbers were mildly disappointing.” “Overall, the data remain comfortably in expansion territory following the broader deceleration in activity earlier in the year.” “Broader sentiment may well be shaped by the outcome of US-EU trade talks in Washington this week between President Trump and EC President Juncker.” “EUR/USD picked up a decent bind in early European trade, gaining relatively sharply from the 1.1660 area.” “Support is 1.1650/60.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: upside for the market still looks fairly limited above 1.3150/60 – Scotiabank FX Street 5 years Analysts at Scotiabank explained the current environment surrounding EUR/USD. Key Quotes: "Eurozone PMI data reflected slightly better than expected manufacturing trends but a little weaker than expected activity in services - and a slight deceleration in the composite PMI index as a result." "German data was generally on or better than expected firm while the French numbers were mildly disappointing." "Overall, the data remain comfortably in expansion territory following the broader deceleration in activity earlier in the year." "Broader sentiment may well be shaped by the outcome of US-EU trade talks in Washington this week between President Trump and EC… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
