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Thomson Reuters
Feb 28 - 07:24 AM
EUR/USD - Month-End Expected To Lift EUR/USD But Options May Anchor
First appeared on eFXplus on Feb 28 - 05:35 AM
  • EUR/USD modestly bullish with buyers inspired by talk of month-end flows
  • Large or moderate EUR/USD buying tipped in relation to equity rebalancing
  • EUR/USD's traders are net short so may influence some short covering
  • Closes over 55/100-DMAs at 1.1387 may trigger tech buy recommendations
  • EUR 700 mln options expires could anchor spot ahead 15GMT cut
  • German state CPI below ECB target. German Feb CPI @ 13GMT f/c 1.5% from 1.4%

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