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Mar 09 - 04:55 PM

EUR/USD - Rally Stalls Despite Yield, Equity Moves

By Christopher Romano  —  Mar 09 - 01:41 PM
  • Upbeat risk drives sales of safe-havens US$ & yen in Europe am

  • EUR/USD rallies to 1.19155 (EBS), nears 1.1900 into NY's open

  • US$ bounces in early trade, USD/CNH nears 6.5300, EUR/USD nears 1.1880

  • Stocks ESv1 rally sharply & yields sink after US 3-yr auction nIfpb9cRpt

  • US$ sinks after auction but EUR/USD reaction is limited, sticks near 1.1890

  • Oil LCOc1 & EUR/JPY fall below 128.95 likely prevent EUR/USD from lifting

  • Daily techs warn shorts though, RSI diverges near the rising 200-DMA

  • Recently established EUR/USD shorts could be in trouble nL1N2L71AT

  • For more click on FXBUZ





eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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