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Nov 29 - 03:48 PM
EUR/USD - Traders Will Get That Familiar Sinking Feeling
First appeared on eFXplus on Nov 29 - 09:20 AM
  • EUR/USD slides back below 1.1000, EBS range 1.0981-1.1013

  • Record low vol boosts influence of the rate gap weighing EUR/USD

  • 2% gap favour USD. Makes a push on low-end 1.09-1.12 range very likely

  • In the short-term EUR/USD will struggle to regain 1.1050 nL1N28903A

  • Expect pressure on dollar month-end, support after nL1N28903Z

  • Options say FX traders must invest in currencies that pay nL1N28903I
















EUR/USD Click here

Source:
Refinitiv IFR Research/Market Commentary

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