Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 05 - 03:55 PM

EUR/USD - Longs Fail To Gain Traction Despite Risk-On Theme

By Christopher Romano  —  Oct 05 - 02:05 PM
  • EUR/USD trades heavy in Europe am due to US$ bid, slump in EZ interest rates

  • NY opens near 1.1590, pair lifts early but then falls to 1.1581 on EBS

  • Persistent US$ drives EUR/USD down but buyers emerge as risk-on intensifies

  • Stocks, global bond yields gain, US$ & yen sold, EUR/JPY hits 129.36 on EBS

  • EUR/USD buyers drive pair toward 1.1615, pair dips, sits near 1.1605 late

  • US jobs key but EUR/USD downside appears likely for now nL1N2R11BS

  • For more click on FXBUZ

eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!