EUR/USD Forex Market moving news by AceTrader

EUR/USD – 1.3614.. The usual minor recovery occured in Asia after y’day’s selloff to 1.3586 but renewed selling interest at 1.3627 capped euro’s upside n intra-day selloff in sterling has dragged price lower. Reckon further choppy range-trading wud be seen in Europe, though traders are looking to sell euro on recovery, rumour of Asian names n sovereign accounts have placed bids fm 1.3560-30 area, suggesting today is not the day to be selling euro aggressively.