25 Apr 2014
EUR, GBP remain well supported - Investec
FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, remarks that dips in both EUR and GBP were rapidly bought.
Key Quotes
"Another day, another set of dovish EUR comments from the ECB, this time from President Draghi, although later headlines from "ECB sources" said there was still no consensus on action for May's meeting and we saw some minor sell off retrace".
"In the afternoon US durable goods were solid and beat on expectations helping the USD find some strength".
"However dips in EURUSD and GBPUSD were quickly bought and we find ourselves back at familiar levels as we walk in today and get ready for the always unpredictable Friday trading session."
Key Quotes
"Another day, another set of dovish EUR comments from the ECB, this time from President Draghi, although later headlines from "ECB sources" said there was still no consensus on action for May's meeting and we saw some minor sell off retrace".
"In the afternoon US durable goods were solid and beat on expectations helping the USD find some strength".
"However dips in EURUSD and GBPUSD were quickly bought and we find ourselves back at familiar levels as we walk in today and get ready for the always unpredictable Friday trading session."