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May 07 - 03:55 AM
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EUR/USD - Nothing Moving EUR/USD Which Is Stuck At Centre Of 2026 Range
By Jeremy Boulton — May 07 - 02:34 AM
• EUR/USD 1.18 on Feb 27 almost unchanged by Mid East war
• Slump and boom for MSCI equity index making no impression
• Much higher oil prices have not moved EUR/USD
• Traders have unwound 2nd largest euro long on record
• EUR/USD still stuck at centre 2026 range 1.2084-1.1409
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EURUSD
(Jeremy Boulton is a Reuters market analyst. The views expressed
are his own)
Source:
London Stock Exchange Group | Thomson Reuters