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Thomson Reuters
Apr 23 - 03:48 PM
EUR/USD - Downside Risks Upped On U.S. Data
First appeared on eFXplus on Apr 23 - 01:30 PM
  • Sharp drop after US$ goes bid after Philly Fed data nL1N2250C6
  • EUR/USD nears 2019 low, investors flock to U.S. assets & DE-US spreads widen
  • Odd of Fed cuts reduced while ECB hikes are distant, helps weigh down pair
  • Limited EZ data calendar this week, US data is key nL1N2250NX
  • Vol EUR1MO= is low & options attract nL1N22505U, new low to be difficult

chart: Click here

Source:
Thomson Reuters IFR Markets

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