'Market talk' - Signifies information that has not been formally tested through traditional journalistic channels and therefore is to be treated as unsubstantiated. Any interpretation of the talk is taken at the readers own risk and is a representation of the rumours within the market place and never generated by ourselves.
Analysis details (18:38)
- There remains market talk of offers in EUR/USD between 1.3350 and 1.3360.
- Earlier in the session, Fitch affirmed Germany at AAA; outlook stable which is seen to support EUR.
- GBP also continues to weigh on the USD-index following the Bank of England's Quarterly Inflation Report release earlier today.
07 Aug 2013 - 18:32 - Forex Rumour - Source: RANsquawk
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: