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Dec 21 - 11:55 AM

EUR/USD - Weighed Down As Investors Seek Out Riskier Plays

By Christopher Romano  —  Dec 21 - 09:49 AM
  • EUR/USD makes a 1.13025 high on EBS overnight then gains begin eroding

  • Despite yen sales lifting EUR/JPY to 128.46 on EBS EUR/USD begins sliding

  • Pair's drop aided by investors looking for riskier plays

  • Equity ESv1 oil LCOc1 yield US2YT=RR gains indicate risk-on reigns

  • EUR/USD turns slightly negative, trades to 1.1273 on EBS in early NY

  • Techs lean bearish; monthly RSI falling, bear pennant forms on daily chart

  • For more click on FXBUZ





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Source:
Refinitiv IFR Research/Market Commentary

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