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Forex: European Ranges and Upcoming Economic Data

Posted by Marge Maresca on May 8, 2015 8:00:00 AM

May 8, 2015 - European ranges for Major currency pairs provided by WorldWideMarkets as well as relevant upcoming economic data and events. The London session, which is the largest trading center where approximately 40% of the daily FX volume is transacted, is arguably the most liquid and efficient trading period of the day. Consequently, the ranges that are defined during this session are quite relevant when the second largest trading session, New York, begins.

  • European Ranges - FX ranges since the European session began.

  EUR/USD USD/JPY GBP/USD EUR/GBP EUR/JPY AUD/USD NZD/USD USD/CHF EUR/CHF
HIGH   1.1246   120.08  1.5500   0.7282  134.98   0.7935   0.7455   0.9250   1.0368
LOW   1.1180   119.90  1.5408   0.7230  134.10   0.7895   0.7420   0.9203   1.0330
RANGE  +0.0066     +0.18  -0.0092  +0.0052   +0.88  +0.0040  -0.0035  +0.0047  +0.0038
  • Chart - Sterling soars to 1.5500 after UK election


gb58
  • Upcoming Economic Data - (Source:Bloomberg)May8data

Topics: Europe, Forex, Ranges, Economic Data

 

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