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Apr 25 - 05:55 AM

EUR/USD - Imminent IFO May Put EUR/USD Traders Under More Pressure

By Jeremy Boulton  —  Apr 25 - 03:40 AM
  • April IFO is due at 8GMT and seen 89.1 from 90.8

  • Expectations f/c 83.5 from 85.1 are key (the future matters most)

  • March headline was war in Ukraine causes German business morale to collapse

  • With China lockdowns and imminent Fed tightening risk aversion now greater

  • EUR/USD traders are long into the event and pair slumping nL2N2WN0CO

  • Risk of deep EUR/JPY correction nL2N2WN0EZ

  • May be a good time to buy yen nL2N2WN0DR and avoid BTC nL2N2WN0FK

EUR/USD and betting Click here

Refinitiv IFR Research/Market Commentary


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