By Christopher Romano — Apr 02 - 12:50 PM
(Corrects typo in headline)
• EUR/USD rallied to a 9-session high of 1.08738 on EBS into Europe's close
• Sellers emerged however, pair neared 1.0845 after ECB rhetoric hit the wires
• Policymaker Villeroy said tariff hikes shouldn't derail decline in inflation
• Villeroy added that the fall boosted the case for a fresh rate cut
• EUR/USD slid towards the 21-DMA but still traded up +0.53% in NY's afternoon
• Risings RSIs, hold above the 200-DMA give technicals a bullish lean
• President Trump to announce tariffs after markets close at 4:00pm EDT
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(Christopher Romano is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters