Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 01 - 05:55 AM

EUR/USD - German Data May Add Zip To EUR/USD's June Rally

By Jeremy Boulton  —  Jun 01 - 04:07 AM
  • German May PMI 64.9 beating 64.4 expectation and prior 64.0

  • German jobless drops 15k in May vs -9k f/c, u/r unchanged at 6.0%

  • Month-end flows (one-off) weighed EUR/USD which reached 1.2133 end-May

  • June sees quick resumption of the underlying uptrend reaching 1.2241 EBS

  • Scope for EUR/USD to stretch highs towards upper 20-day Bollingers at 1.2293

  • Options barriers at 1.2300 and near 1.2349 2021 peak will slow progress


EURUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!