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Apr 22 - 06:55 AM

EUR/USD - U.S Bank Flags Key EUR/USD Levels, Flows And ECB Expectations

By Richard Pace  —  Apr 22 - 04:49 AM
  • Citibank one of many that don't expect a big ECB FX reaction Thursday

  • They expect June ECB to be more of a market moving event

  • Citi note U.S. corps selling into recent EUR/USD recovery to mid 1.20's

  • Suggest any post ECB gains will attract U.S. names to cap 1.2075-1.2100

  • Citi say 1.2000 support vulnerable if ECB leave door open to more stimulus

  • FX options not betting on big post ECB EUR/USD reaction nL1N2MF0GS

For more click on FXBUZ


EUR=EBS Click here

Source:
Refinitiv IFR Research/Market Commentary

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