FX space is beclamed - BBH

FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman said that the foreign exchange market is becalmed.

Key Quotes

"The euro has been confined to less than a 20 pip range (1/5 of a penny), and the dollar has not moved out of a 15 tick range against the yen (about 1/1000 of a penny)."

GBP/UD; Staying long below 1.7000

GBP/USD is trading at 1.6980, down -0.03% on the day, having posted a daily high at 1.7006 and low at 1.6952.
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EUR/USD consolidates above 1.3630

The EUR/USD stabilized above 1.3630 and has remained steady so far during the American session as Greenback consolidated losses after US economic data.
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