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Thomson Reuters
Nov 28 - 05:00 AM
EUR/USD - Asia's Quiet And That Should Energise EUR/USD Bears
First appeared on eFXplus on Nov 28 - 02:40 AM
  • EUR/USD in quiet range just 1.1284-1.1300 EBS in Asia
  • However, that range is close to the lower-end of trade this year
  • Range implies there is no interest to bottom fish or hedge
  • Without buyers the only way is down, Fed Powell expected hawkish later
  • Month-end estimates are for modest yet broad dollar buying
  • EUR/USD looks set to retest Nov 12/13 lows @ 1.1215/16

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