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Sep 15 - 04:55 PM

EUR/USD - Longs Run Out Of Gas Again

By Christopher Romano  —  Sep 15 - 01:56 PM
  • EUR/USD rallies above 1.1830 in Europe, NY opens near 1.1820, rally resumes

  • Pair hits 1.1832 on EBS but stalls, pair then falls after US data

  • US rates, US$ firm up after NY Fed Empire manufacturing index nN9N2NL01Q

  • Early equity drop, EUR/JPY fall to 129.065 on EBS weigh down EUR/USD

  • Pair dips below 1.1805, slide stalls as equities & oil gains buoy risk

  • EUR/USD near flat late in the day, leaves techs leaning bearish

  • Daily, monthly gravestone dojis imply EUR/USD bears are in control

  • Data, technicals highlight EUR/USD downside risks nL1N2QH1H8

  • For more click on FXBUZ

eurusd Click here

Source:
Refinitiv IFR Research/Market Commentary

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