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Thomson Reuters
Oct 25 - 03:48 AM
EUR/USD - Claws Back Some Lost Ground Ahead Of ECB
First appeared on eFXplus on Oct 24 - 11:05 PM
  • EUR/USD has been bid in Asia since opening 0.68% lower at 1.1393
  • USD broadly offered in Asia on view market turmoil may inhibit Fed
  • EUR/USD traded as high as 1.1414 and is around 1.1410 into the afternoon
  • Consolidation likely ahead of ECB event later today
  • Draghi's presser the main event as market looks for dovish shift in tone
  • Support at 2018 low at 1.1301 with resistance at former support at 1.1430/35

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Thomson Reuters IFR Markets


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