By Christopher Romano — Jul 28 - 01:40 PM
EUR/USD hit 1.0234 o EBS in Europe, fell sharply after EZ data nL8N2Z93ZK
NY opened near 1.0135, slide extended, pair hit 1.0114 before DE & US data
DE HICP above estimates nL8N2Z96VP, downside miss for US GDP nL1N2Z83DU
US$, US rates EDZ2 fall on GDP, EUR/USD spikes up to 1.0175 on EBS
EUR/USD gains tempered by EUR/JPY falling sharply, traded to 136.38 on EBS
EUR/USD holds below 10- & 21-DMAs, down near -0.40% late in the session
Falling daily, monthly RSIs are bearish technical signals
EUR/USD drop not assured due to expectations for Fed, ECB moves nL1N2Z91K4
US June PCE prices, Q2 employment costs are key data risks for Friday
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary