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      SEB: GBP/USD approaching the mid body point - eFXnews

      FXStreet (Łódź) - The eFXnews team remark that that SEB sees the GBP/USD getting closer to the mid body point at 1.6750.

      Key quotes

      "If following the textbook a new round of weakness should then follow primary targeting the 233d ma band."

      "So strategy for today should be to try to sell into strength with a tight stop."

      'This content has been provided under specific arrangement with eFXnews.'

      European stocks open with sharp gains as concerns ease

      European stocks advanced sharply Monday, with indexes up more than 1% in early trade, as risk appetite rises amid easing concerns over Ukraine and Iraq.
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      Record number of cities with falling home prices in China - ING

      Tim Condon comments on the Chinese House Price Index data released on Monday and showing a 2.5% rise in July, compared with the 4.2% increase seen in June.
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