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Dec 16 - 02:55 AM

EUR/USD - Big EUR/USD Swing For No Result - That's Important

By Jeremy Boulton  —  Dec 16 - 02:15 AM
  • EUR/USD was 1.0651 before Wednesday's Fed decision

  • At Friday's open in Europe EUR/USD is 1.0655

  • Pair leapt to 1.0737 after Thursday's ECB decision then dropped to 1.0593

  • There is clearly still an interest to buy but momentum is waning

  • Option vols have plummeted - nL1N3350JV

  • EUR/USD may settle into a range nL1N3351LK



Source:
Refinitiv IFR Research/Market Commentary

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