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Sep 03 - 12:12 PM
EUR/USD - ECB Sources Boost Yields, Euro
First appeared on eFXplus on Sep 03 - 10:00 AM
  • Reuters exclusive: ECB package could include cuts, tiering, new guidance
  • EUR/USD nears 1.0955 & German 2-yr yield above -0.90% on report nL3N25U2YQ
  • Many in ECB support QE, some opposition from northern states
  • Opposition to QE could be reason for euro and yield lifts
  • Euro still broadly lower on the day, EUR/USD techs remain bearish
  • EUR/USD bulls need above 1.1000/30 to dent the bearish view

chart: Click here

Refinitiv IFR Research/Market Commentary


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