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Aug 16 - 11:55 PM

EUR/USD - Grinding Higher As USD Remains Offered

By John Noonan  —  Aug 16 - 10:40 PM
  • EUR/USD up 0.15% at 1.1860 as USD retains offered tone

  • USD plagued by US political uncertainty and expectations of dovish Fed Minutes nL1N2FI07XnL1N2FG19L

  • Resistance at last week's 1.1864 high with sellers eyed ahead of 1.1900

  • Sentiment is bearish with IMM longs at close to 200 K contracts nL1N2FG1PH

  • For more click on FXBUZ










Source:
Refinitiv IFR Research/Market Commentary

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