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Thomson Reuters
Sep 10 - 08:36 PM
EUR/USD - Recovers On Brexit Optimism And EUR/CHF Buying
First appeared on eFXplus on Sep 10 - 06:30 PM
  • EUR/USD opens 0.35% higher after Brexit optimism sent EUR & GBP higher
  • Hopes of Brexit deal in 6/8 weeks unleashed heavy EUR/CHF short-covering
  • EUR/CHF closed 0.90% higher while GBP/CHF soared over 1.40%
  • EUR/USD showing resilience despite hawkish turn in Fed expectations
  • Market appears to be looking for excuses to buy when pair close to 1.1500
  • Resistance @ 1.1610/20 where yesterday's high converges with 10 & 55-day MAs

eur/usd Click here

Source:
Thomson Reuters IFR Markets

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