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    Forex: European Ranges and Upcoming Economic Data

     

    May 14, 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    1.1435  119.30    1.5810    0.7243  136.30   0.8140   0.7563   0.9160   1.0430
    LOW    1.1360  118.88    1.5740    0.7212  135.30   0.8062   0.7480   0.9090   1.0390
    RANGE   0.0075   0.42   0.0070   0.0031   1.00  -0.0078  -0.0083  -0.0070  -0.0040
    • Chart -  (Source: WorldWideMarkets MT4) 3% drop in Iron Ore Futures put pressure on AUD/USD

     


    AU514

     

    • Upcoming Economic Data - (Source:Bloomberg)May14data

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