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9 Aug 2013
EUR/USD down, Stocks up
FXstreet.com (Barcelona) - EUR/USD has declined into the European open, with European stocks following Asia in opening higher following a generally positive docket of Chinese data.
Having ranged overnight above the daily pivot point at 1.3370, but below psychologically round resistance at 1.3400, EUR/USD has declined on the European open. Asian stocks closed higher overnight with the Nikkei up 0.07% at 13,615.19, the Hang Seng up 0.61% at 21,788.85 and the SSE 300 up 0.41% at 2,286.02 following generally positive Chinese data which helped boost overnight risk sentiment. In Europe, Eurostoxx are currently up 0.08% at 2,819.02, the FTSE 100 up 0.33% at 6,550.91, and the DAX up 0.19% at 8,333.75.
Having ranged overnight above the daily pivot point at 1.3370, but below psychologically round resistance at 1.3400, EUR/USD has declined on the European open. Asian stocks closed higher overnight with the Nikkei up 0.07% at 13,615.19, the Hang Seng up 0.61% at 21,788.85 and the SSE 300 up 0.41% at 2,286.02 following generally positive Chinese data which helped boost overnight risk sentiment. In Europe, Eurostoxx are currently up 0.08% at 2,819.02, the FTSE 100 up 0.33% at 6,550.91, and the DAX up 0.19% at 8,333.75.