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Dec 25 - 07:55 PM

EUR/USD - On Bullish Track As ECB Keeps Up Hawkish Talk

By Ewen Chew  —  Dec 25 - 06:50 PM
  • EUR/USD stays bullish, last 1.1023, supported above 1.1000

  • Base of Bollinger uptrend channel at 1.0989 props up

  • 61.8% Fibo support at 1.0960 adds technical reinforcement

  • ECB's Schnabel affirmed hawkish tone on Fri nS8N3D902Z

  • Italy's 2023 cost of funding hits 15-yr high nL8N3DH34N

  • Eurozone, UK, Australia, Hong Kong markets closed Tues

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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