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Dec 31 - 03:55 AM

EUR/USD - FX Traders EUR/USD Demand Persists As 2020 Draws To A Close

By Martin Miller  —  Dec 31 - 03:13 AM
  • FX traders snapping up EUR/USD as 2020 draws to a close

  • EBS flow data shows solid demand for EUR/USD for most of this week

  • EUR/USD hit 1.2310 on Wednesday, the highest level seen since April 2018

  • Thursday has seen a 1.2286-1.2309 range so far, according to EBS prices

  • Euro demand could grow in the New Year nL1N2IV0X9

  • Dollar on course to slump further in early 2021 nL1N2JA0H3

EBS Flow Data Chart: Click here

Monthly Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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