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Dec 30 - 03:55 AM

EUR/USD - Maintains 1.04 Handle As Year-End Looms

By Robert Howard  —  Dec 30 - 02:48 AM

• EUR/USD has traded a 13.75 pip range thus far Monday; 1.0435 = intra-day top

• 1.0435 is nine pips shy of Friday's EBS high (1.0448 was Dec 23 EBS high)

• Friday's low was 5.5 pips above 1.0400. Huge 1.0400 option expiry Thursday

• Next ECB rate cut could be longer in coming, Austrian CB hawk Holzmann says

• CDU, SPD politicians decry Elon Musk's AfD support as 'intrusive' influence

• German election scheduled for Feb 23; AfD is running second in opinion polls

EURUSD


(Robert Howard is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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