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Nov 07 - 02:36 PM
EUR/USD - Eyes 1.1000 Amid USD's Trade Deal Gains, Brexit Uncertainty
First appeared on eFXplus on Nov 07 - 01:15 PM
  • EUR/USD loses recent range and tech supports as USD dominates

  • Key supports and options pulling prices toward 1.1000 nL2N27N111

  • EUR/USD off with cable on dovish BOE meeting, Brexit uncertainty

  • New lows by 50% of Oct's rebound at 1.1030 on new US-China trade news

  • Bbg reporting US says phase one trade deal would include tariff cuts

  • Phase one deal hopes to favor higher Tsy yields vs Bund yields


Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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