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Oct 15 - 08:55 AM

EUR/USD - Trapped Near 1.1600 Ahead U.S. Retail Sales

By Jeremy Boulton  —  Oct 15 - 06:42 AM
  • EUR/USD 1.1599-1.1619 EBS in Europe after 1.1589-15 Asia

  • Hedging for today's EUR 825mln 1.1600 expiries may be influential

  • Today's close key in relation 200-WMA 1.1573 and weekly cloud base 1.1558

  • Pair dropped 8% to 1.0636 after last similar cloud break

  • In the middle of a market boom EUR/USD should fall nL1N2RB0LK

  • U.S. Sep retail sales 12.30GMT f/c -0.2% mm, +0.5% ex autos, control +0.4%

  • Michigan sentiment for Oct eyed higher, inflation expectations in spotlight

  • In the middle of a market boom EUR/USD should fall nL1N2RB0LK


EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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