2014-11-18

EURUSD: hold above 1.2445/60

EURUSD: likely to hold above 1.2445/60 while European shares rose and bond yields fell on Tuesday. The pan-European FTSEurofirst 300 <.FTEU3> extended early gains and was up 0.6 percent at 1,359.62 points at 1101 GMT.  Germany's monthly ZEW rose in November for the first time in almost a year, lifting hopes of an improvement in Europe's biggest economy. German ZEW Economic Sentiment 11.5 from -3.6 and EURO area ZEW Economic Sentiment 11.0 from 4.1 
so EURUSD  need for speed to penetrate 1.2575 to next target 1.2620


      

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