By Jeremy Boulton — Mar 19 - 03:49 AM
• Traders were betting on EUR/USD rising by March 11
• EUR/USD has only gained 8 pips since reaching 1.0947 on March 11
• Ahead March 19 Fed meeting - no change expected - pair dips to 1.0874
• Profit taking a factor, but also likely entry of EUR/USD carry trades
• Correction targets for recent surge: 1.0818 and 1.0733
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EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
