(VIANEWS) – GBP/EUR (GBPEUR) has been up by 1.51% for the last 21 sessions. At 20:10 EST on Tuesday, 20 August, GBP/EUR (GBPEUR) is $1.17.
GBP/EUR’s yearly highs and lows, it’s 2.674% up from its 52-week low and 1.803% down from its 52-week high.
News about
- Eur/usd: FX options markets suggest some active buying – ING. According to FXStreet on Tuesday, 20 August, "At the heart of the story is whether EUR/USD willbreak out of an 18-month trading range, which has largely contained EUR/USD between 1.05 and 1.11, ING’s FX strategist Chris Turner notes.", "The one-month risk reversal -the price of a EUR/USD call option over an equivalent put option -is moving deeper in favour of euro calls. "
- Eur/usd: A run towards 1.1 near term is possible – scotiabank. According to FXStreet on Tuesday, 20 August, "The Euro (EUR) is showing a marginal loss on the day on the screens but EUR/USD has essentially moved sideways in a narrow range overnight as the market consolidates around the EUR’s highest point since the start of the year, Scotiabank’s Chief FX Strategist Shaun Osborne notes.", "While much attention falls on the Fed policy outlook as a driver of EUR/USD gains, the ECB cannot be overlooked. "
- Eur/usd: new range? – rabobank. According to FXStreet on Tuesday, 20 August, "As we argued earlier this month, we see upside risks for EUR/USD as likely to be associated with a softer USD rather than a broadly stronger EUR. ", "On balance, while we can not rule out another dip to the EUR/USD1.08 area in the weeks ahead, we expect EUR/USD to 1.09/1.10 area to become more comfortable for EUR/USD in the coming months."
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