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TDUX
May 07 - 03:55 AM

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


EURUSD


(Jeremy Boulton is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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