19 Feb 2015
EUR/USD offers at 1.1440-45 – AceTrader
FXStreet (Barcelona) - The AceTrader Team shares that the ECB yesterday approved a 3.3bl euro expansion to emergency funding for Greek banks, and further shares the outlook for EUR/USD.
Key Quotes
“The single currency ratcheted lower on Wednesday n fell briefly to 1.1334 in NY, however, euro jumped to 1.1411 after the release of FOMC minutes.”
“Bids are now located at 1.1400 n more at 1.1380.”
“On the upside, offers are tipped at 1.1440-45 with some stops seen above 1.1450.”
“Bloomberg reported earlier that the European Central Bank at a meeting of the ECB's Governing Council in Frankfurt on Wednesday approved a 3.3 billion-euro ($3.8 billion) expansion to emergency funding for Greece's banks and lenders can now access 68.3 billion euros, up from the 65 billion euros set last week, a euro-area official with knowledge of the talks said, as deposit flight continued amid uncertainty over whether the country would remain in the euro.”
Key Quotes
“The single currency ratcheted lower on Wednesday n fell briefly to 1.1334 in NY, however, euro jumped to 1.1411 after the release of FOMC minutes.”
“Bids are now located at 1.1400 n more at 1.1380.”
“On the upside, offers are tipped at 1.1440-45 with some stops seen above 1.1450.”
“Bloomberg reported earlier that the European Central Bank at a meeting of the ECB's Governing Council in Frankfurt on Wednesday approved a 3.3 billion-euro ($3.8 billion) expansion to emergency funding for Greece's banks and lenders can now access 68.3 billion euros, up from the 65 billion euros set last week, a euro-area official with knowledge of the talks said, as deposit flight continued amid uncertainty over whether the country would remain in the euro.”