Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Dec 28 - 08:55 PM

EUR/USD - Bid In Early Asia, As Yen Leads The USD Lower

By Andrew M Spencer  —  Dec 28 - 07:05 PM

  • +0.15% as the USD/JPY -0.35% leads the USD lower in early Asian trading

  • Yield spread widened in NY, 10yr bund flat at 2.514%, 10yr UST +3bp 3.877%

  • Ukraine war will be key for EZ economy and inflation outlook in 2023

  • Zelenskiy's 10-point peace plan nL8N33I06K, rejected nL8N33I1CQ

  • Parties so far apart a compromise seems unlikely, but it is a start

  • Charts; euro stalled below pivotal 1.0743 61.8% 2022 fall - capped mid Dec

  • Momentum studies fall, 5, 10 & 21 day moving averages edge higher

  • 21 day Bollinger bands contract - topside bias while 1.0583 21 DMA holds

    For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved
!