7 Aug 2013
Bourses in Europe in red, EUR offered
FXstreet.com (Edinburgh) -Mounting selling pressure around the shared currency is dragging the EUR/USD to test session lows around 1.3280, leaving the key area of 1.3300 after European markets opened on the back foot on Wednesday.
Tuesday’s losses in Wall St. are extending the pessimism across the Atlantic, with all the main indices in Euroland trading in red. The Spanish benchmark is down 0.79% seconded by the FTSE100, 0.62% and the DAX, 0.60%. There is not much in terms of results/events in the region today, with German industrial production figures and the BoE Quarterly Inflation Report in the limelight.
Markets in Asia followed the mood from the US session, printing sharp losses. The Hang Seng dropped 1,30% followed by the Shangai, 0.66%. The Nikkei was the worst performer, down 4.0% on renewed JPY strength.
Tuesday’s losses in Wall St. are extending the pessimism across the Atlantic, with all the main indices in Euroland trading in red. The Spanish benchmark is down 0.79% seconded by the FTSE100, 0.62% and the DAX, 0.60%. There is not much in terms of results/events in the region today, with German industrial production figures and the BoE Quarterly Inflation Report in the limelight.
Markets in Asia followed the mood from the US session, printing sharp losses. The Hang Seng dropped 1,30% followed by the Shangai, 0.66%. The Nikkei was the worst performer, down 4.0% on renewed JPY strength.