Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 09 - 05:55 AM

EUR/USD - Rally Is Losing Potency - Longs Beware

By Jeremy Boulton  —  Dec 09 - 05:20 AM
  • EUR/USD boosted 1.0444-1.0587 EBS Wednesday-Friday

  • Rally falling shy Monday's 1.0595 peak

  • EUR/USD one month vol has dropped to 9.40 - 5 vol drop from Sep peak

  • Option traders see quieter times ahead

  • EUR/USD traders now widely betting on a rise might book profits

  • The big EUR/USD rise since Sep is also a minor correction of the trend

  • 1.0606 is target for min tech correction 2021-22 drop


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!