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    Forex: European Ranges and Upcoming Economic Data

     

    May 7, 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   1.1392  119.53   1.5250   0.7483  136.00  0.7990  0.7520  0.9160   1.0403
    LOW   1.1330  119.10   1.5161   0.7440  134.98  0.7932  0.7460  0.9070   1.0305
    RANGE  -0.0062    -0.43   0.0089  -0.0043    -1.02  -0.0058  -0.0060  -0.0090  -0.0098
    • Chart - SNB reserves data put pressure on EUR/CHF

     


     

    • Upcoming Economic Data - (Source:Bloomberg)May7data

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