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Thomson Reuters
Jan 08 - 05:00 AM
EUR/USD - U.S. Rates And EZ Data Add To Likelihood EUR/USD Tops Again
First appeared on eFXplus on Jan 08 - 02:45 AM
  • Traders have almost priced out their expectations for Fed to cut in 2019
  • Fed officials still see hikes, Bostic talks about one hike nW1N1X904N
  • Data at the core of the EZ continues to print badly. German Nov IP -1.9%
  • EZ business climate data at 10GMT f/c weakest since May 17 @ 0.99
  • Euro bulls already facing a major hurdle around 1.1500. Another top likely
  • Peak for several weeks, 100-DMA 1.1473 and 50% Sep-Nov 19 drop is 1.1516

EZ biz climate Click here

EUR daily chart Click here

2019 U..S. rate outlook Click here

Source:
Thomson Reuters IFR Markets

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