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Dec 25 - 10:55 PM

EUR/USD - Inches Up But Fed Easing Bets Running Out Of Steam

By Ewen Chew  —  Dec 25 - 10:00 PM
  • EUR/USD inches up to higher 1.1026, off Tues low 1.1016

  • Bullish bias intact while uptrend channel base 1.0989 holds

  • Tues close below that will threaten 61.8% Fibo 1.0960

  • But Fed rate cut bets may be running out of momentum

  • Ukraine carries out air strikes on Crimea's port nL1N3DL01A

  • EU, UK, Hong Kong financial markets closed Tues

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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