By Jeremy Boulton — Aug 08 - 03:40 AM
EUR/USD vol suppressed at 6.5
Trend firmly up since September 2022
Uptrend proving resilient despite restraint bullish bets
Movement in any direction is likely to be slow-paced
Continuation of the trend is far more likely than a reversal
Pair may gradually rise towards peak of a higher 1.08-1.13 range
Source:
Refinitiv IFR Research/Market Commentary