Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 02 - 03:55 PM

EUR/USD - Upbeat ADP Lifts The Dollar, US Yields

By Christopher Romano  —  Oct 02 - 01:40 PM
  • EUR/USD opened NY near 1.1070, pair rallied early, neared 1.1075 then fell

  • Above estimate September ADP rallied yields US2YT=RR and the US$ =USD

  • DE-US spreads US2DE2=RR widened, stocks ESv1 & gold XAU= fell

  • EUR/USD pierced the daily cloud top, hit level not seen since September 11

  • 1.10325 trade, pair bounced and sat near 1.1045 late, was down -0.19%

  • EUR/JPY rally toward 161.50 likely helped prevent a deeper EUR/USD drop

  • EZ HCOB services, composite PMI finals are risks in Europe's morning

  • US weekly claims, Aug. Factory orders, Sept. ISM non-mfg PMI are risks in NY

  • Remarks from Fed's Williams is an event risk Thursday morning in NY

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!