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Thomson Reuters
Jun 05 - 02:36 PM
EUR/USD - Rallies On ECB & Italian News Reports
First appeared on eFXplus on Jun 05 - 12:25 PM
  • BBG reports ECB said to see June 14 as live meeting on QE exit debate
  • Reuters reports Italian PM Conte saying has no plans to exit euro
  • Double-shot of EUR positive news sees EUR/USD rise sharply
  • Pair nears high set earlier in Europe's morning
  • Long lower wick forms on daily candle & pair back above 10-DSMA
  • Earlier bearish technicals are now being negated

chart: Click here

Source:
Thomson Reuters IFR Markets

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