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Nov 25 - 08:55 PM

EUR/USD - Consolidates Near Lows As Recovery Attempts Stifled

By Krishna K  —  Nov 25 - 06:47 PM
  • EUR/USD opens almost unchanged as bears seize on small rallies to sell

  • Early London pullback to 1.1230 sold as bearish sentiment remains entrenched

  • Diverging ECB-Fed rate expectations, soaring Europe coronavirus cases weigh

  • OVID-19 threatens to knock away Germany's last pillar of growth nL8N2SG1D8

  • Fed to kick off faster tapering plan from January- Goldman SachsnL8N2SG2T8

  • Support 1.1185, July 2020 low, break opens 1.1100; resistance 1.1230, 1.1255

  • For more click on FXBUZ


FX returns: Click here

Source:
Refinitiv IFR Research/Market Commentary

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