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    Forex: European Ranges and Upcoming Economic Data

     

    May 13, 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   1.1265  119.93   1.5746   0.7184  135.06   0.8042   0.7443   0.9291   1.0435
    LOW   1.1200  119.73    1.5635   0.7121  134.20   0.7960   0.7380   0.9248   1.0396
    RANGE  -0.0065   0.20  -0.0111  -0.0063    -0.86   0.0082   0.0063   0.0043  -0.0039
    • Chart - British pound reacts to The Bank of England cutting its forecasts for economic growth over the next three years 


    gb513

    • Upcoming Economic Data - (Source:Bloomberg)

     


     

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