{"id":153368,"date":"2019-08-12T09:00:18","date_gmt":"2019-08-12T13:00:18","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=153368"},"modified":"2019-08-12T07:46:16","modified_gmt":"2019-08-12T11:46:16","slug":"eurusd-floating-around-the-balance-line","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/eurusd-floating-around-the-balance-line\/","title":{"rendered":"EURUSD: floating around the balance line"},"content":{"rendered":"
August 12, 2019<\/div>
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By Alpari.com<\/a><\/strong><\/p>\n

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Previous:<\/em><\/strong><\/p>\n

Trading on the majors against the US dollar was mixed last week. The Swiss franc made the biggest gains at 0.98%, followed by the yen at 0.84%, and the euro at 0.83%. Moving in the other direction, the pound shed 1.11%, followed by the Kiwi dollar (-1.10%), the Aussie dollar (-0.22%) and the Canadian dollar (-0.10%).<\/p>\n

Trading on Friday was mixed. During the course of the day, we saw three rises and three declines. The US dollar dropped slightly against the safe havens and strengthened against the pound. The pound slumped following disappointing UK GDP data, while also experiencing downside pressure over Brexit uncertainty. Markets are preparing for the worst. There is still an appetite for risk due to Trump\u2019s remarks that the trade talks planned in the US for September may not happen.<\/p>\n

Day\u2019s news (GMT+3):<\/em><\/strong><\/p>\n