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Thomson Reuters
May 15 - 03:48 PM
EUR/USD - Yields And Trump Drive Whippy Action
First appeared on eFXplus on May 15 - 01:35 PM
  • DE 10-yr yield sinks to new low, IT-DE spreads widen, EUR/USD sinks early
  • Downbeat US data halts drop , Trump news lifts
  • Trend line off 2019 low remains intact, doji candle suggests indecision
  • Expected Fed cuts & EU risks should keep EUR/USD range bound
  • Break above 55-DMA & 1.1260/65 zone will give bulls greater control

chart: Click here

Source:
Thomson Reuters IFR Markets

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