More from FXstreet.com

Forex: EUR/USD back to 1.3070 after Italian CPI

By FXstreet.com,  December 13, 2012, 04:11:00 AM EDT

FXstreet.com (Barcelona) - The euro is orbiting around 1.3070 after Italian CPI rose 2.5% on a yearly basis and it's contracted 0.2% MoM, broadly in line with expectations.

Next on tap will be the short term Spanish auction of bonds maturing in three and five years, followed by the Greek jobless rate during the third quarter.

At the moment EUR/USD is down 0.04% at 1.3067 with the immediate support at 1.3030 (hourly support) ahead of 1.2996 (low Dec.12) and 1.2930 (low Dec.11).
On the upside, a break above 1.3098 (high Dec.12) would point towards 1.3127 (high Dec.5) and then 1.3129 (high Oct.18).




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

Referenced Stocks:



Latest News Video

What Is the Proper Way to Dispose of an American Flag?
What Is the Proper Way to Dispose o...
Community Tries to Pray Strippers Away
Community Tries to Pray Strippers A...
Top 4 Most Iconic Natural Disasters In US History
Top 4 Most Iconic Natural Disasters...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.21 0.10  0.75%
HPQ $ 24.86 3.63  17.10%
SIRI $ 3.545 0.01  0.28%
MU $ 11.39 0.47  4.30%
MSFT $ 34.15 0.46  1.33%
F $ 14.81 0.16  1.07%
QQQ $ 73.45 0.17  0.23%
GE $ 23.66 0.20  0.84%