By Catherine Tan — Feb 16 - 07:55 PM
Corrects decimal point in headline, 1st and 2nd bullets
EUR/USD on cusp of breakdown, stops eyed below 1.0650
Hedge funds, corporates and stale bears cited sellers overnight below 1.0670
Markets spooked by strong US data, Fed's Mester & Bullard's hawkish comments
EUR/USD traded to 1.0655 low in NY, last at 1.0655-60
Close below 1.0650 targets 1.0450 next
DXY last at 104.20, close above 103.81 targets 105.0
Related nL1N34V0DC
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary