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Jun 22 - 04:55 PM

EUR/USD - Risk-On, Safe-Haven Flows Drive Gains

By Christopher Romano  —  Jun 22 - 02:40 PM
  • Choppy European morning results in NY opening near 1.1210, rally ensues

  • Equity, commodity, EM ccy gains lead to safe-haven selling nL1N2DZ0OX

  • EUR/JPY rallies to 120.42 (EBS), helps EUR/USD trade to 1.1270 on EBS

  • Daily bull hammer forms, RSIs rise, pair above 21-DMA; techs lean bullish

  • EUR/USD bears facing risks from German court, ECB, options nL1N2DZ0Z1

  • For more click on FXBUZ














eur/usd Click here

Source:
Refinitiv IFR Research/Market Commentary

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