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Thomson Reuters
Sep 13 - 06:12 AM
EUR/USD - Turkey Key For EUR/USD As A Risk Averse Session Beckons
First appeared on eFXplus on Sep 13 - 03:05 AM
  • CBRT decision today is likely the key event for EUR/USD traders nL5N1VX278
  • Risk on on/off reaction may well be more telling than either ECB or US CPI
  • ECB to confirm halving bond purchases from Oct and end QE Dec nL5N1VY4HH
  • Withdrawal of stimulus to exacerbate any risk-off reaction tied Turkey today
  • Core U.S. CPI eyed 2.4%, last higher Sep 2008. Keeps pressure on Fed/rates
  • Combined today's events may stoke risk aversion (contagion) weighing EUR/USD

US CPI Click here

Source:
Thomson Reuters IFR Markets

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