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Dec 27 - 10:55 PM

EUR/USD - Sags As USTs Hint At Bets On Early Fed Rate Hike

By Ewen Chew  —  Dec 27 - 09:16 PM
  • EUR/USD sags to 1.1319, again deflected by key chart resistance

  • Repeated failures at Bollinger uptrend channel entrance 1.1328

  • Indicates downside more likely in near-term; 1.1274 supports

  • Closing below that would trigger bearish chart signal

  • Dollar strengthens as 2y Treasury yields surge; last 0.750%

  • US spending data spurs bets on earlier Fed rate hike nL1N2TB07T

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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