By Christopher Romano — Jan 13 - 01:37 PM
Risk-off, safe-haven buys drive EUR/USD lower in Europe's am
NY opens near 1.2165 after pair falls from Europe's 1.2223 EBS high
Slide extends in NY, helped by EUR/JPY hitting 126.22 (EBS)
1.2140 trades before a small bounce towards 1.2180 ensues
US$ & UST yields sink after UST 30-year bond auction nIfp73VJl7
EUR/USD still -ve on the session, sits near 1.2165 late in the day
S-T consolidation, falling RSIs, pair below 10 & 21-DMAs, techs lean bearish
Recent EUR/USD price action suggests pullback not complete nL1N2JO1N1
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Source:
Refinitiv IFR Research/Market Commentary