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TDUX
Sep 24 - 04:55 PM
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EUR/USD - Dollar Bulls Keep The Pressure On

By Christopher Romano  —  Sep 24 - 02:00 PM

• NY opened near 1.1375 after 1.1399 traded overnight, the pair lifted early NY

• Some USD weakness helped drive EUR/USD up to 1.1391, sellers then emerged

• USD firmed up, yields gained & spreads

widened

• USD/CNH traded upward while gold, silver, stocks moved downward

• EUR/USD sat near 1.1365 in NY's afternoon, the pair traded down -0.15%

• Falling RSIs, hold below 76.4% Fibo of 1.1325-1.1711 are bearish tech signals
eurusd


(Christopher Romano is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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