All the content is provided for general information only and trade signals should not be construed as any form of regulated advice. It does not take into consideration your personal circumstances, including your investment objectives, risk profile, tax status, knowledge and understanding or financial situation. Past performance is no guarantee of future results.
Commentary
We still see EURUSD moving lower as the currency pair looks to consolidate below support 1.182.
This is despite better than expected Euro and German PMI data earlier today whilst US durable goods order and PMI came in lower than expected.
Continued covid vaccine supply issues resulting in fears over the impact of a third wave on the Eurozone economy are anticipated to put further pressure on the Euro .